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LIFO

Last In, First Out (LIFO)

What is Last In, First Out (LIFO)? LIFO is an inventory accounting method in which the most recently acquired items are the first ones to...

Debt to Income Ratio

DefinitionA debt income ratio is the percentage of a consumer's monthly gross income that goes toward paying debts. There are two main kinds of...
OHLC Chart

OHLC Chart

Definition An open-high-low-close chart is a type of chart typically used to illustrate movements in the price of a financial instrument over time. Each vertical...

MAD

What is 'MAD' In currencies, this is the abbreviation for the Moroccan Dirham. Explaining 'MAD' The currency market, also...

NAB Business Confidence Index

What is 'NAB Business Confidence Index' A key measure of business confidence in Australia, published monthly and quarterly by National Australia Bank....

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