What is a C Corporation
A C corporation is a business structure in which the company's shareholders own its assets and are liable for its debts. The main advantage of this structure is that it offers limited liability protection to...
What is 'LAK' The currency abbreviation or currency symbol for the Lao kip (LAK), the currency of Laos. The kip is made up of 100 att, and is often presented with the symbol (__). The first kip...
What is 'B-Note'
The secondary tranche in a commercial mortgage-backed security. B notes are a component of A/B financing or A/B/C financing. They have a lower credit rating than a class-A notes, but a higher credit rating than a class-C...
What is 'Qatar Investment Authority - QIA' The Qatar Investment Authority (QIA) is a government-owned entity charged with managing the sovereign wealth fund of Qatar. The source of the sovereign wealth fund is primarily excess oil and...
What is 'FAANG Stocks' FAANG is an acronym for the five most popular and best performing tech stocks in the market, namely Facebook, Apple, Amazon, Netflix, and Alphabet’s Google. Explaining 'FAANG Stocks' Facebook (FB), Amazon...
What is HUD and what does it do
HUD is the U.S. Department of Housing and Urban Development, a Cabinet-level agency created in 1965 to address housing and urban development needs. HUD's mission is to "create strong, sustainable, inclusive communities...
What is 'S&P MidCap 400 Index' This Standard & Poor's index serves as a barometer for the U.S. mid-cap equities sector and is the most widely followed mid-cap index in existence. To be included in the index,...
DefinitionPackage Deal is a Canadian television sitcom created by Andrew Orenstein about three brothers and the woman who comes between them. It debuted on City on June 18, 2013 and ran for two seasons. Package Deal What is...
What is 'ICSC-UBS Store Sales' A weekly economic figure published by the International Council of Shopping Centers and UBS Bank, that measures comparable store sales at major retail chains. The ICSC-UBS Store Sales measures the portion of...
What is a naked call
A naked call is an options strategy in which the investor writes (sells) a call option on a security without owning the underlying security. It is also known as an uncovered call. Theoretically, a naked...