The Operating Profit Margin is a fairly simple calculation meant to provide a business with an understanding of how much profit is earns relative...
What is the 'Zero-Volatility Spread - Z-spread'
The Zero-volatility spread (Z-spread) is the constant spread that makes the price of a security equal to the...
Definition
The payment that a stockbroker receives from a market maker in exchange for routing its clients' trades to that market maker is called Payment...
In the financial world, there are plenty of ways to grow a portfolio. Mortgage-backed securities are instruments that offer a variety of benefits to...
What is 'Kappa'
One of the "Greeks," kappa is the ratio of the dollar price change of an option to a 1% change in the...
Definition
Knowledge management is the process of creating, sharing, using and managing the knowledge and information of an organisation. It refers to a multidisciplinary approach...
DefinitionThe knowledge economy is the use of knowledge to generate tangible and intangible values. Technology, and in particular, knowledge technology, helps to incorporate part...
What is 'Krugerrand Gold Coin' A gold coin minted by the Republic of South Africa. Krugerrand gold coins contain exactly one troy...
What is 'Key Ratio' A mathematical ratio that illustrates and summarizes the current financial condition of a company. Key ratios can be...
DefinitionKeynesian economics are the various macroeconomic theories about how in the short run – and especially during recessions – economic output is strongly influenced...