What is 'Pacific Rim' The Pacific Rim is a geographic area surrounding the edges of the Pacific Ocean. The Pacific Rim covers the western shores of North America and South America, in addition to Australia, eastern Asia...
An MLP is a master limited partnership. These are companies organized as partnerships that are publicly traded, combining both the advantages of a private partnership with tax while also retaining the liquidity offered by stocks. Are MLPs a good...
What is 'Y2K' A shorthand term for "the year 2000" commonly used to refer to a widespread computer programming shortcut that was expected to cause extensive havoc as the year changed from 1999 to 2000. Instead of...
ADR stands for American Depository receipt. It is issued by the United States depository bank and is a negotiable certificate which represents a certain number of shares. This is often just one share of company stock in a foreign...
What is 'C-Suite' C-suite is a widely-used slang term used to collectively refer to a corporation's most important senior executives. C-Suite gets its name because top senior executives' titles tend to start with the letter C, for...
Relative Strength Index (RSI) is a technical analysis tool that is used by investors to make investment decisions. Developed by J. Welles Wilder, RSI is a momentum oscillator that helps in determining the rate of change of prices. RSI...
What is 'XRT'
A notation on a ticker tape that is used to indicate that a security is trading on an ex-rights basis. When used in conjunction with a security that has just undergone a rights offering, the word is...
Capital expenditure, also known as capital expense (CAPEX) is defined as the expenses used by companies in acquiring assets for a long term, or making renovations or upgrades which will not be exhausted in a short while. For example,...
IESE Business School is one of the most prestigious and well-renowned business schools in the world. It has been ranked as the number one business school in Europe for five consecutive years by The Economist. In addition, IESE also...
Baby Boomer Age Wave Theory What is 'Baby Boomer Age Wave Theory ' An economic theory popularized by economist and writer Harry Dent, who concludes that the U.S. and other European markets will peak between 2008...