What is 'Yemeni Rial - YER' The official currency of the country of Yemen. The Yemeni Rial is divided into 100 fils, but the fil coins have not been issued since 1990 following Yemeni unification. However, beginning...
What is the U.S. Treasury
The United States Department of the Treasury is the national treasury of the United States federal government. It was established by an Act of Congress in 1789 to manage government revenue. The Treasury is responsible...
What is a 'Rally' A rally is a period of sustained increases in the prices of stocks, bonds or indexes. This type of price movement can happen during either a bull or a bear market, when it...
What is 'Nasdaq National Market Securities - Nasdaq-NM' The Nasdaq National Market consists of over 3000 companies that have a national or international shareholder base, meet stringent financial requirements and agree to specific corporate governance standards. ...
DefinitionCalmar ratio is a performance measurement used to evaluate Commodity Trading Advisors and hedge funds. It was created by Terry W. Young and first published in 1991 in the trade journal Futures. Calmar Ratio What is the 'Calmar...
What is a 'Quarter On Quarter - QOQ'
'Quarter-on-quarter' (QOQ) is a measurement technique that determines how much something has changed between one financial quarter and the preceding financial quarter. YOY is a metric that is comparable to the quarter-over-quarter...
DefinitionA hard money loan is a specific type of asset-based loan financing through which a borrower receives funds secured by real property. Hard money loans are typically issued by private investors or companies. Interest rates are typically higher than...
What is 'Canadian Institute Of Chartered Accountants - CICA' A non-profit organization for accounting professionals in Canada. CICA has developed GAAP (generally accepted accounting principles) for Canadian accounting, and publishes guidance and educational materials on a number...
An index is a statistical term that refers to changes in representative data points over a certain time period. The term can be applied in different fields including finance and economics. An index summarizes the change that occurs in...
DefinitionStrange Case of Dr Jekyll and Mr Hyde is a gothic novella by the Scottish author Robert Louis Stevenson first published in 1886. The work is also known as The Strange Case of Dr. Jekyll and Mr. Hyde, Dr....