What is an obligor
An obligor is a legal entity that is obligated to make payments on a debt or other financial obligation. The term...
DefinitionThe CAC 40 is a benchmark French stock market index. The index represents a capitalization-weighted measure of the 40 most significant values among the...
DefinitionC. Steven McMillan is an American businessman. He served as Chief Executive Officer of the Sara Lee Corporation from 2000 to 2005. C. Steven...
What is 'AAAA Spot Contract' A standardized contract drawn up by the American Association of Advertising Agencies that governs the purchase of...
What was 'QQQQ'
QQQQ was the previous ticker symbol for the Nasdaq 100 Trust, an ETF that trades on the Nasdaq. This security offers broad...
What is the 'S&P 500 Mini' The S&P 500 mini is a derivative contract representing a designated fraction of the trading value...
What is 'Z-Tranche'
The term "special kind of bond class" refers to a type of bond class in a sequential pay collateralized mortgage obligation. Interest...
What is 'KHR' The currency abbreviation or currency symbol for the Cambodian riel (KHR), the currency for Cambodia. The riel is made...
What is 'Daily Trading Limit' The maximum gain or loss on a derivative contract, such as options and futures contracts, that is...
DefinitionFacebook Credits was a virtual currency that enabled people to purchase items in games and non-gaming applications on the Facebook Platform. One U.S. dollar...