What is the Balance of Payments (BOP)?
The balance of payments (BOP) is an accounting record of all monetary transactions between a country and the rest of the world. It includes all payments and receipts for trade in goods and...
What is 'Back Month Contract' A type of futures contract that expires in any month past the front month futures contract. The price of the first back month futures contract is often used along with the front...
Definition
In U.S. financial slang, a bagholder is a shareholder left holding shares of worthless stocks.
What is a 'Stock Bag Holder'
An informal investing word used to describe an investor who has a holding in a stock that has lost value...
When a company fails to meet the listing requirements of a stock exchange, it may turn to a back door listing as a way to go public. In this process, the company acquires an already listed company, thus bypassing...
In mathematics, standard deviation is the degree of the dispersion from a set of data’s mean. The SD is higher when the data is more stretched. In other terms, the square root of the variance is the standard deviation....
What is a 'Lapse' A lapse is the cessation of a privilege, right or policy due to time or inaction, so a lapse of a privilege due to inaction occurs when the party that is to receive...
What is 'Canadian Income Trust' A type of corporate structure as designated by the Canada Revenue Agency that operates as a profit-seeking corporation. This type of company pays out all earnings to unit holders before paying taxes,...
DefinitionContango is a situation where the futures price of a commodity is higher than the anticipated spot price at maturity of the futures contract. In a contango situation, arbitrageurs/speculators, are "willing to pay more for a commodity at...
DefinitionA callable bond is a type of bond that allows the issuer of the bond to retain the privilege of redeeming the bond at some point before the bond reaches its date of maturity. In other words, on the...
What is 'Cambrist' An individual who is deemed to have above-average knowledge of the foreign exchange market. A cambrist can relate to anyone who deals with currencies and foreign exchange on a regular basis and is adept...