CONTRACTIONARY GAP
It is a theory of macro-economy which describes an economy which does not operate at maximum employment equilibrium. The outcome of a gap of contractionary nature is a low degree of GDP
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It is a theory of macro-economy which describes an economy which does not operate at maximum employment equilibrium. The outcome of a gap of contractionary nature is a low degree of GDP
The nonmonetary return that is derived from holding an ASSET, such as not facing a shortfall in the event of excess demand. The existence of a convenience yield creates an incremental return
The broad marketplace for trans actions that are designed to change the ownership, structure, and/or control of a company. Common corporate control transactions include MERGERS, friendly or HOSTILE TAKEOVERS, LEVERAGED BUYOUTS, and
The periodic CASH FLOW payable by an issuer or borrower to an investor or lender for the use of DEBTbased CAPITAL. Coupon payments may be based on fixed or floating INTEREST RATES,
Aproxy or substitute HEDGE that is used when an exact replicating hedge is not available, generally by identifying a contract (e.g., a DERIVATIVE) that has a high degree of CORRELATION with the
A substance that causes skin damage, defatting, dermatitus, irrititation, and rashes.
A security that is issued based on the companies economic trends. It is better when the economy is better and declines when the economy does. Compare this term to Noncyclical stock.
Carefully planned or intended or (of an amount or number) mathematically worked out or measured.
The rate of interest a bank charges a brokerage firm on collateralized loans for its margin account clients. The call rate is published daily in the Wall Street Journal.
Time during which a security, with a call provision, cannot be redeemed by the issuer. Corporate and municipal issuers typically have a call protection period of 10 years.
(Of matter to be printed) In the right form and of good enough quality to be reproduced photographically onto a printing plate.
A now-obsolete unit which was used to express levels of light intensity in terms of the light emitted by a candle of specific size and constituents. In modern usage Candlepower equates directly
Factoring costs such as insurance, property tax, rent, etc that are associated with owning/operating a specific facility.
When a lender accrues interest before the borrower starts repayment, then adds that amount to the principal.
An audience that is stationary and remains in view of a screen for a period of time. Examples include transport (taxis, buses, trains etc.), in-flight advertising on seat-back entertainment systems, overhead storage
A colorless, odorless toxic flammable gas formed by incomplete combustion of carbon.
Tests that are designed to help individuals understand how a variety of personal attributes.
Form of excess of loss reinsurance under which each year
A carryback loan, also known as a seller carryback or seller’s second, is a loan which is financed by the seller of a property. Normally this aids in the completion of the
A standard, commercial letter of credit (LC ) is a document issued mostly by a financial institution, used primarily in trade finance, which usually provides an irrevocable payment undertaking.