What is 'L-Shaped Recovery' A type of economic recession and recovery that resembles an "L" shape in charting. An L-shaped recovery represents the shape of the chart of certain economic measures, such as employment, GDP and industrial...
What is 'Half Commission Man' A half commission man is an individual who introduces clients to stock brokers or other market professionals in exchange for an agreed upon percentage of any commissions earned as a result of...
What is 'Baccalaureate Bond' A zero-coupon bond issued by certain states to assist families in saving for college tuition by means of added tax benefits. Baccalaureate bonds are offered by many states and are tax-free securities that...
How do you find the real rate? The real interest rate can be calculated by removing the inflation rate from the current nominal interest rate. The equation is extremely simple to calculate. You simply figure out the nominal interest...
What is 'Valoren Number' An identification number assigned to financial instruments in Switzerland. These numbers are similar to the CUSIP numbers that are used in Canada and the U.S. A typical valoren number is between six to...
What is 'KWD' The currency abbreviation or currency symbol for the Kuwaiti dinar (KWD), the currency of Kuwait. The dinar is made of 1000 fils, and it is often presented with the symbol (__). The dinar has...
What is 'Macro Manager' A boss or supervisor who lets employees do their jobs with minimal supervision. Macro managers are thought of by some employees as superiors who do not give them enough support or feedback to...
What is 'Zero-Based Budgeting - ZBB' Zero-based budgeting (ZBB) is a method of budgeting in which all expenses must be justified for each new period. Zero-based budgeting starts from a "zero base," and every function within an...
What is 'E' A temporary fifth character suffix to a symbol for a stock traded on Nasdaq, indicating that the issuer is delinquent in regulatory filings. The "E" suffix is currently only used for Over-the-Counter Bulletin Board...
The difference between the present cash value and the value of cash outflows at present will give you the net present value. Net present value is one of the most important and the most popular methods of analyzing the...