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The Graham number or Benjamin Graham number is a figure used in securities investing that measures a stock 's so-called fair value. [1] Named after Benjamin Graham, the founder of value investing, the Graham number can be calculated as follows: The final number is, theoretically, the maximum price that a defensive investor should pay for the ...
A portfolio loan is a kind of mortgage that a lender originates and retains instead of offloading or selling on the secondary mortgage market. A portfolio loan stays in the lender’s portfolio ...
Documents for mortgage preapproval. Pay stubs from at least the past 30 days. Tax returns (including W-2s) from the past two years. Bank statements from the past two months to three months ...
The main difference between prequalified and preapproved: Preapprovals hold more weight when trying to buy a home. Prequalifying involves providing some basic financial info to get a general idea ...
In electricity generation, a generator [1] is a device that converts motion-based power ( potential and kinetic energy) or fuel-based power ( chemical energy) into electric power for use in an external circuit. Sources of mechanical energy include steam turbines, gas turbines, water turbines, internal combustion engines, wind turbines and even ...
Turbo generator. A turbo generator is an electric generator connected to the shaft of a water turbine or steam turbine or gas turbine for the generation of electric power. [note 1] Large steam-powered turbo generators provide the majority of the world's electricity and are also used by steam-powered turbo-electric ships. [1]
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