Stock Market. The stock market is the community of individuals and corporations engaged in the buying and selling of shares of companies, called stocks, on the open market. Shares of stock are traded on a stock exchange and are tracked on indices such as the New York Stock Exchange and the Nasdaq. In the U.S., the stock market is commonly referred to as Wall Street, the eight-block region in lower Manhattan in New York where many of the nationâs major financial institutions are based.
Refinancing may refer to the replacement of an existing debt obligation with another debt obligation under different terms.
If your credit score improves, even by just 50 points, you should â¦ refinance the auto loan, Ulzheimer said. Likewise, if interest rates were high when you purchased your car but have since come down, refinancing is a prudent option, according to LendingTree.com.y Colin Bird, Cars.com. Refinancing can be a great way to save some money on your auto loan if you do it right. You're looking for some extra cash, and you see the ad on TV: Refinance your car and save money, or just lower your monthly payment by extending the length of your loan.