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...
A 401k plan is a retirement plan that is available through an employer. It allows you to save and grow your nest egg using investments in the market. When you are ready to retire, you'll have a larger amount...
What is 'Paid-Up' The state of a settlement when all payment obligations for a security have been completed in a customer account. When an individual has paid up, he or she has paid for the security in...