Category: Finance Dictionary

When collateral is used to keep a defendant out of jail before the hearing. It’s a precent of the total bond. It is taken if the person does not appear in court.

A person born between 1945 and the late 1960s. This was big population growth period. These people had different spending needs.

When a prediction is made based on an outcome and works backwards to the present.

A contract where more charges or profits are earned at the end of the contract.

Releasing a prisoner due to a deposit of a security. The person must still appear in court. A civil case allows release but criminal issues are based on the courts discretion. Bail

A fund whose deposit money is insured by a commercial bank. It is admisitered by the Federal Depository Insurance Corporation or the FDIC.

A bank started in 1762. It was most stable in the world for a long time. In 1995 it collapsed because Nick Leeson did unauthorised trading. It was bought by ING.

A report made the way the GAAP dictates it should be. It is used to evaluate operations. This can be a balance sheet, income statement, or cashflow statement.

A bank that closed in New York. It was a global investor before 2008. JP morgan chase bought them out.

A portfolio that mostly invests in bonds with medium maturity rates. Smaller amounts are invested in small and long maturity bonds. When graphed it lookes like a bell. Refer to barbell shaped

The way benefits are calculated for insurance in a pension plan.

An international copyright treaty. It addresses treatment, protection, and forbids imposition on certain types of literary work. It was signed in 1886 and revised in 1914, 1928, 1948, 1967, 1971, and 1979.

The current best way to do a job to reach a certain goal.

A US organizatoin that rates the ethical performances of busniesses. They award a business with good customer relations and a high level of trust.

The largest firms for accounting. They handle public and private companies. They are Deloitte Touche Tohmatsu, Price water house coopers, Ernst & Young, and PMG. It started in 2002 after 8 merged

Refer to dicounting of bill. and discounting.

An option that has a fixed pay off that starts when an index moves beyond a range. AKA all or nothing option, bet option, digital option, or one touch option.

Any energy that comes from composting biological materials. It produces heat and methane that is an alternate to natural gas. It will take more research to make this a more convenient option.

The day October 29, 1929 that was the end of the market crash. Refer to black thursday.

Charging extra fees and expenses to make the price more inflated. Or putting family on the payroll to get the most money possible. Or when an owner won’t do basic repairs to