M2 is defined as a “measure of money supply that includes checking deposits (M1) cash as well as (what is colloquially referred to as) near money”. Near Money “Near money" in the case of M2 includes mutual funds available in the money markets, also...
What is 'M3' M3 is a measure of the money supply that includes M2 as well as large time deposits, institutional money market funds, short-term repurchase agreements and other larger liquid assets. The M3 measurement includes assets...
DefinitionTailgating is when a driver drives behind another vehicle while not leaving sufficient distance to stop without causing a collision if the vehicle in front stops suddenly. Tailgating What is 'Tailgating' Tailgating is when a broker, financial...
What is the E-Mini and how does it work
The E-Mini is a stock market index futures contract that tracks the value of the S&P 500 Index. It is one of the most popular futures contracts in the world, and...
What is AARP and what do they offer
The American Association of Retired Persons, or AARP, is a nonprofit organization that provides benefits and discounts to its members. The organization was founded in 1958 by Ethel Percy Andrus, a retired...
DefinitionA VA loan is a mortgage loan in the United States guaranteed by the United States Department of Veterans Affairs. The program is for American veterans, military members currently serving in the U.S. military, reservists and select surviving spouses...
What is 'A-B Split' A method of testing the effectiveness of marketing methods or media. Using A-B split marketing, a list of target names is split into two groups on a random basis, with one group designated...
What is 'FED Pass' An action taken by the Federal Reserve that looks to increase the availability of credit by moving additional reserves into the banking system. The supply of loans is increased as more funds are...
What is 'Taft-Hartley Act' The Taft-Hartley Act is a federal law that was enacted in 1947 that prohibited certain union practices and required improvement in union disclosure of financial and political dealings. Explaining 'Taft-Hartley Act' ...
What is 'Qstick Indicator' A technical indicator developed by Tushar Chande to numerically identify trends in candlestick charting. It is calculated by taking an 'n' period moving average of the difference between the open and closing prices....