please tell me what the "wallflower" is
glossary FAQ: glossary.
Jaiden K. From Germany
21 August, 2009
A stock that has fallen out of favor with investors and, consequently, tends to trade at a low P/E. Also called orphan stock.
In general terms, a wallflower is somebody who remains on the sidelines of a social activity. The financial sense of the word is very similar. This type of stock is often neglected by research analysts and, as a result, doesn't get much attention from investors. For this reason, many believe that wallflowers are undiscovered bargains. Visit FOREX.com
please tell me what the "title insurance" is
glossary FAQ: glossary.
C. Zimmerman from United States
21 January, 2010
a "title insurance " is Insurance that covers loss of an interest in a property due to legal defects and that is required if the property has a mortgage. Most title insurance is lender's title insurance, which is paid for by the borrower but protects only the lender.
Owner's title insurance is a separate policy, in some areas paid for by the seller, to protect the buyer's equity in the property.
While a lender's policy only protects the lender against loss, the fact that the policy was issued reflects that a title search has taken place, which can give some assurance to the buyer. However, title searches are not 100% infallible, hence the need for insurance. Visit ACM
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