What is 'Know Your Client - KYC' The Know Your Client form is a standard form in the investment industry that ensures...
DefinitionKenneth Joseph "Ken" Arrow was an American economist, mathematician, writer, and political theorist. He was the joint winner of the Nobel Memorial Prize in...
What is 'UCC-1 Statement' One of the standard mortgage documents listed in the Uniform Commercial Code. The UCC-1 Statement lists and describes...
DefinitionA target market is a group of customers within a business's serviceable available market that the business has decided to aim its marketing efforts...
What is 'Ulcer Index - UI' A technical indicator that measures downside risk, in terms of both depth and duration of price...
DefinitionThe business cycle, also known as the economic cycle or trade cycle, is the downward and upward movement of gross domestic product around its...
DefinitionShares outstanding are all the shares of a corporation or financial asset that have been authorized, issued and purchased by investors and are held...
What is 'Target Cash Balance' The ideal amount of cash that a company wishes to hold in reserve at any given point...
Definition
A naked trust is a trust in which the beneficiary has a right to both income and capital and has the ability to request...
What is an 'Underinvestment Problem'
When a corporation refuses to invest in low-risk assets in order to increase its wealth at the expense of debt...