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Kyrgyzstani Som (KGS)

Kyrgyzstani Som (KGS) What is 'Kyrgyzstani Som - KGS' The official currency of Kyrgyzstan, which is also called the Kyrgyz Republic. The multicolored paper notes come in denominations of 1

Krugerrand Gold Coin

Krugerrand Gold Coin What is 'Krugerrand Gold Coin' A gold coin minted by the Republic of South Africa. Krugerrand gold coins contain exactly one troy ounce of gold. This coin was first mi

Yield On Cost (YOC)

Yield On Cost (YOC) What is 'Yield On Cost - YOC' The annual dividend rate of a security divided by the average cost basis of the investments. It shows the dividend yield of the original i

Incentive Distribution Rights (IDRs)

Incentive Distribution Rights (IDRs) What is 'Incentive Distribution Rights - IDRs' These give a limited partnership's general partner an increasing share in the incremental distributable

National Association Of Federal Credit Unions (NAFCU)

National Association Of Federal Credit Unions (NAFCU) What is 'National Association Of Federal Credit Unions - NAFCU' An industry trade group founded in 1967 that represents federal credit

Mandatory Convertible

Mandatory Convertible What is a 'Mandatory Convertible' A mandatory convertible is a type of convertible bond that has a required conversion or redemption feature. Either on or before a co

Oil Field

DefinitionAn "oil field" or "oilfield" is a region with an abundance of oil wells extracting petroleum from below ground. Because the oil reservoirs typically extend over a large area, possi

Omnibus Account

DefinitionAn Omnibus Customer Securities Account is a securities account used by a brokerage firm or its affiliated clearing firm in order to maintain appropriate custody of underlying secur

Mad Hatter

Mad Hatter What is 'Mad Hatter' A mad hatter is a chief executive officer (CEO) or managerial team whose ability to lead a company is highly suspect. Mad hatter CEOs are often characterize

Accelerated Share Repurchase (ASR)

Accelerated Share Repurchase (ASR) What is an 'Accelerated Share Repurchase - ASR' An accelerated share repurchase (ASR) is a specific method by which corporations can repurchase outstandi
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