What is 'Offshore Mutual Fund' A mutual fund that is based in an offshore jurisdiction, which is generally considered to be outside...
DefinitionThe time value of money is the greater benefit of receiving money now rather than later. It is founded on time preference. Time Value...
What is 'Abu Dhabi Investment Authority - ADIA' A government-owned investment organization that manages the sovereign wealth fund for Abu Dhabi, United...
Home Ownership by Country Vendor Take-Back Mortgage What is a 'Vendor Take-Back Mortgage' A vendor take-back mortgage is a type of mortgage...
DefinitionThe government of Kazakhstan created the National Fund of the Republic of Kazakhstan in 2000 in order to manage oil revenue more effectively. Tax...
What is 'Underinsured Motorist Coverage Limits Trigger' One of the two triggers that can be specified by an insured party to protect...
What is a 'Dealer' A dealer is a person or firm in the business of buying and selling securities for their own...
What is ‘Tangible Cost'
A quantitative expense that can be traced back to a specific source or item. Tangible costs are expenditures incurred as a...
DefinitionIn finance, a short sale is the sale of an asset that the seller does not own. The seller effects such a sale by...
What is a 'Lagging Indicator' A lagging indicator is a measurable economic factor that changes only after the economy has begun to...