Debit Card
A debit card is thin, rectangular, plastic payment mechanism issued by a bank. The card electronically enables holders to withdraw money or pay for purchases directly from their bank accounts.
Diversification
Diversification is the strategy of distributing investments among different securities. This practice aims to limit losses in the event of a downturn in a particular market, industry, or sector.
Due Diligence
Due diligence is the performance of an investigation prior to entering into a proposed transaction with another party. The auditor examines all relevant facts, conditions, rules, laws, regulations, and financial considerations pertinent to the situation under review.