What is 'Callable Certificate Of Deposit' An FDIC insured certificate of deposit (CD) that contains a call feature similar to other types...
DefinitionA jobless recovery or jobless growth is an economic phenomenon in which a macroeconomy experiences growth while maintaining or decreasing its level of employment....
DefinitionJohn T. Dillon, is the retired chairman and chief executive officer of International Paper. John T. Dillon What is 'John T. Dillon' ...
What is 'James Tobin' An American economist who won the Nobel Memorial Prize in Economics in 1981 for his analysis of financial...
What is 'James D. Slater' A renowned investment author in Britain, who wrote a Sunday column in London's The Sunday Telegraph under...
DefinitionThe Jarrow–Turnbull credit risk model was published by Robert A. Jarrow of Kamakura Corporation and Cornell University and Stuart Turnbull, currently at the University...
A non-investment grade or high yield bond is referred to as a junk bond. As the name suggests, these bonds have a credit rating...
DefinitionWhere two or more persons are liable in respect of the same liability, in most common law legal systems they may either be... Joint...
What is 'John G. Drosdick' A former chairman, CEO and president of petroleum company Sunoco. Drosdick led Sunoco to acquire nearly 300...
What is 'Jobs Growth' A component of the Employment Situation Summary, reported monthly by the Bureau of Labor Statistics. The job growth...