STAGFLATION
When the economy is plagued by little to no growth, rising prices, and high unemployment.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
When the economy is plagued by little to no growth, rising prices, and high unemployment.
The selling in an auction market of government bills at the lowest acceptable price.
An anti takeover strategy that requires a supermajority vote.
Insurance beyone the end of a standard policy.
A loan that lasts between 1 and 10 years. It has a specific amount to be repaid on a schedule at floatin interest. Refer to theta and time decay.
A deposit made by a bank to pay coupons. This is done until maturity when the funds can be accessed. Refer to lockup certificate of deposit, certificate of deposit, interbank deposit, and
A portion of securities with a unique set of characteristics. They are used in securitization.
Moving a yield curve up or down to adjust the value of a portfolio or a fixed income transaction. This is done using basis points to move the long and short term
A reserve held out of premium. This is the amount needed to cover losses before maturation.
Insurance that pays out an agreed upon amount if loss should occur. Commonly life insurance. Refer to indemnity contract.
A holder of a derivative contract that plans to close out before maturity. Retail investors are commonly weak hands. Refer to strong hands.
The shortterm operating resources of a company. Refer to loan, gross working and net working capital.
An offer given to a dealer that is uncertain. It is used as a guideline for future business offers.
When a company estimates failure rate to predict default. Structural or markto market models are ways to do this.
A group that represents over the counter derivatives marketplace internationally.
A double entry bookkeeping system of financial data pertaining to a specific transaction, in a journal usually taken from a journal voucher. Needed transaction data: (1) date done; (2) debit amount and
Direct marketing or direct mail that is unsolicited. For introducing new products, books and magazines, investment opportunities, merchandise catalogs. It is a very big business in industrialized countries, specifically the US, UK,
Fineness, as a measure of the purity, of gold. It also indicate gold proportion in an alloy. UK spelling of both carat and karat is carat. Germany spelling is karat. 24 karats
Organization’s and Labor market’s common jobs used to determine general pay scales. Clerks, drivers, janitors, and secretaries are examples of common jobs.
Because the economy is in recession, employers have low demands for their goods and services, situation exists where low wage-rates should drive to higher employment levels, but do not.