A pending transaction means funds in your account are earmarked and authorized for a specific transaction. However, the transaction isn’t yet fully processed or posted to your account. Read Next: 5 ...
When you choose to invest money, you first need to transact it. That is, you need to buy into an investment and, eventually, sell out of it. Every investment transaction is an important one because it ...
In the past, there was only way to buy or sell a house–using a full service real estate agent or broker. The broker would take a commission for helping you find a property or buyer and for organizing ...
Cash equivalents include any items that can be used as cash or converted to cash quickly. Foreign currency and money orders are common examples. As a small business, you'll come across the term in two ...
Transactions over $10,000 trigger a currency transaction report under the Bank Secrecy Act. Structuring deposits to avoid reports can still alert banks and lead to a possible suspicious activity ...