What is 'Darvas Box Theory' Darvas box theory is a trading strategy that was developed in 1956 by former ballroom dancer Nicolas...
What is a dividend yield
A dividend yield is a measurement of how much a company pays out in dividends each year relative to its...
What is 'Key Rate Duration'
The duration of an asset or portfolio at a certain maturity point throughout the whole yield curve is measured by...
What is 'Abend' An unexpected end to a computer program that results in the system crashing or closing down. Derived from the...
What is a 'Warrant' A warrant is a derivative that confers the right, but not the obligation, to buy or sell a security – normally...
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What is 'National Association of Mortgage Brokers - NAMB'
An organization that protects the interests of mortgage brokers in the United States and encourages its...
What is a tax deduction and how does it work
A tax deduction is an expense that can be subtracted from your taxable income. This...
What is 'Magna Cum Laude' Magna cum laude is an academic level of distinction used by educational institutions to signify an academic...
What is the 'Back-End Ratio'
An indicator of how much of a person's monthly income is dedicated to debt repayment is the back-end ratio, also...