What is a Holdco and what are the benefits of using one
A Holdco, short for holding company, is a company that exists primarily to...
What is volatility skew and why should you care about it
When it comes to options trading, volatility skew is an important concept to understand....
Applications of Nonlinearity in Engineering and Finance
A nonlinear system is one in which the output is not proportional to the input. Its properties make...
What is Bid shading and how does it work
Bid shading is a type of auction in which the participants bid against each other to...
Grexit Definition
Grexit is a term that is used to describe the potential withdrawal of Greece from the European Union (EU). The term is a...
What is a Money Purchase Pension Plan (MPPP)?
A money purchase pension plan (MPPP) is a type of retirement savings plan in which contributions are...
What is Transaction Exposure
Transaction exposure is the risk that a firm will incur losses due to changes in exchange rates. It can arise when...
So you have decided to start your own small business. Hurray! You have managed to tackle the most daunting task: deciding to get started....
When choosing investments, the term "investment horizon" is important. A long-term investor needs significant capital to invest. A high-risk, high-return real estate investment may...
What is a revocable beneficiary
A revocable beneficiary is someone who has been named in a will or insurance policy to receive assets upon the...