Term of the Day

par value

Apparent worth or the nominal value shown on the principal ('face' or 'head') side of a bill of exchange, currencysecurity (stock/share, bond), or other type of financial instrument. The par value of a loan stock (bond, preferred stock/preference share) is the value at which it will be redeemed. Some jurisdictions allow shares to be issued with no par value (see no par value share). Par...
Learn more about this term
Usage ExampleBonds typically have a face value or a par value or $1,000 or $100, while shares usually have no par value or a very low par value.

Term of the Day

bank draft

A check drawn by one bank against funds deposited into its account at another bank, authorizing the second bank to make payment to the individualnamed in the draft.
Learn more about this term
Usage ExampleTo prove I had enough money to purchase my new vehicle and provide assurance that I could afford the vehicle I presented a bank draft to the car dealership.
PictureCommunication in Relationships
Picture and Quotes below : Courtesy: Peter Shepherd of Trans4mind.com
"Communication is the fuel that keeps the fire of your relationship burning, without it, your relationship goes cold."~ William Paisley
""Before you speak, think: Is it necessary? Is it true? Is it kind? Will it hurt anyone? Will it improve on the silence?" ~ Sai Baba
"Without communication there is no relationship. Without respect there is no love. Without trust there is no reason to continue." ~ Unknown
"The most important thing in communication is hearing what isn't being said. The art of reading between the lines is a life long quest of the wise." ~ Shannon L. Adler
"I don't know the key to success, but the key to failure is trying to please everybody."~ Bill Cosby