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Q: please define an "intestate"

Category: glossary , Asked by: H. Sawyer from Shreveport, United States

A: The act of dying without a legal will. Determining the distribution of the deceased's assets then becomes the responsibility of a probate court. To have died "in intestacy" means a court-appointed executor will compile any assets of the deceased, pay any liabilities and distribute the assets to those parties deemed as beneficiaries. To ensure that your friends and loved ones receive the contents of your estate upon your passing on, it is extremely important to make a will, or have a will made on your behalf by a lawyer qualified to do so. Visit etoro.com

    what is the "butterfly"?

    Category: glossary by C. Sanders from Clearwater, United States

    Traders use the butterfly strategy when they feel a particular stock will remain neutral during a certain period. By entering into a butterfly trade, the trader is essentially betting that the underlying stock price will remain close to where it is curren

    any forex online trading system that's popular for its great connection that you can recommend for me?

    Category: technical by Matthew T. From Almere, Netherlands

    If you want a forex online trading system with the fastest server connection, you should really go to "AVA FX". We're always excited with the connection to the system's server. It is unchallenging to deal with the forex program. You will encounter non of many of the ordinary problems you get using other servers, and the communication with the server is at all times quick.

    please define the "defensive acquisition"

    Category: glossary by H. Noble from Cambridge, United Kingdom

    The act of firms acquiring other firms and assets as a defense against market downturns or possible takeovers. A defensive acquisition contrasts with the normal impetus for an acquisition, which is usually increased market share or revenue. A company will sometimes engage in a defensive acquisition strategy by purchasing smaller firms that are in the same business. By acquiring these firms, the company protects itself from takeovers from other companies, which, as a result of antitrust laws, may not be able to merge with the enlarged company without creating a monopoly. If a North American car company acquired an SUV company as a result of the projected rise in demand for SUVs, this would be an example of a defensive strategy through the purchase of assets.

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