Tag: money

DefinitionThe Community Chests in the United States and Canada were fund-raising organizations that collected money from local businesses and workers and distributed it to...

What are 'Federal Funds' Federal funds, often referred to as fed funds, are excess reserves that commercial banks and other financial institutions...

What is 'Year-End Bonus' A reward paid to an employee at the end of the year. Many year-end bonuses are tied to...

Source: WikipediaLast Sourced: 2021-02-01This Article has been Edited for Accessibility Further Reading Financial ratios as a means of forecasting bankruptcy - www.jstor.org Testing...

What is 'Obligation Bond' A municipal bond used to secure a mortgage on property or other physical assets that can be liquidated....

Quick Facts The PPP is Purchasing Power Parity Purchasing power parity is used by macro-economic analysts to compare different countries' currencies through a...

DefinitionA racket is a planned or organized criminal act, usually in which the criminal act is a form of business or a way to...

DefinitionA VA loan is a mortgage loan in the United States guaranteed by the United States Department of Veterans Affairs. The program is for...

What is 'M3' M3 is a measure of the money supply that includes M2 as well as large time deposits, institutional money...

M2 is defined as a “measure of money supply that includes checking deposits (M1) cash as well as (what is colloquially referred to as) near money”. Near Money...