What is a 'Yankee Bond'
A Yankee bond is a bond issued by a foreign entity, such as a bank or company, but is issued and traded in the United States and denominated in U.S. dollars. Yankee bonds are governed...
What is the KMF currency symbol or abbreviation and what does it stand for
The KMF currency symbol is the Franco, and it is abbreviated as CF. The KMF currency is used in the Comoros, and it is pegged to...
What is 'JOD' The currency abbreviation or currency symbol for the Jordanian Dinar (JOD), the currency for Jordan. The dinar is made up of 10 dirham, 100 qirsh or 1000 fils and has no official symbol, but...
DefinitionThe Wake Forest University School of Business was formerly the Babcock Graduate School of Management and the Calloway School of Business and Accountancy. Established in 1969, the Babcock School admitted its first classes of full-time and executive students in...
What is 'Jackpot' A jackpot is the top prize in a game of chance; jackpots can be anything, including money, cars and houses. In terms of investing, a jackpot also occurs when an investor reaps a sudden...
What are Fixed Interest Rates There are several factors involved when you obtain a loan. For instance, when you look for a mortgage, considerations include the offer, property taxes, and HOA fees. The most important of these is...
What is 'G7 Bond' A term used to refer to government bonds issued by a nation in the Group of Seven (G7). A G7 bond is considered relatively less risky than bonds issued by nations outside the...
What Is a Wage Assignment?
A wage assignment is an agreement in which an employer assigns its right to a certain amount of wages to an employee when he or she is in default. A wage assignment is valid for...
What is 'W-Shaped Recovery' An economic cycle of recession and recovery that resembles a "W" in charting. A W-shaped recovery represents the shape of the chart of certain economic measures such as employment, GDP, industrial output, etc....
FICO score is one to the measures that are used by the lenders to assess the credit risk of an applicant, and then decide whether to extend loan to them or not. FICO score makes an important part of...