RBC Consumer Attitudes And Spending By Household Index (RBC CASH Index) What is 'RBC Consumer Attitudes And Spending By Household Index - RBC CASH Index ' An index based on a monthly national survey of consumer...
DefinitionPac-Man, stylized as PAC-MAN, is an arcade game developed by Namco and first released in Japan as Puck Man in May 1980. It was created by Japanese video game designer Toru Iwatani. It was licensed for distribution in the...
DefinitionFriedman's k-percent rule is the monetarist proposal that the money supply should be increased by the central bank by a constant percentage rate every year, irrespective of business cycles. K-Percent Rule What is 'K-Percent Rule' A theory...
What is 'DAX' A stock index that represents 30 of the largest and most liquid German companies that trade on the Frankfurt Exchange. The prices used to calculate the DAX Index come through Xetra, an electronic trading...
What is a 'P-Test' A statistical method used to test one or more hypotheses within a population or a proportion within a population. When testing a hypothesis about a population proportion (p) within a large population (one...
What is 'Face Value' Face value is the nominal value or dollar value of a security stated by the issuer. For stocks, it is the original cost of the stock shown on the certificate. For bonds, it...
What is 'Daily Money Manager - DMM' A person who takes over the day-to-day financial tasks for those who are unable to perform these tasks on their own. A variety of people employ daily money managers, (DMM's)...
What is 'A Priori Probability' A priori probability is a probability calculated by logically examining existing information. A priori probability can most easily be described as making a conclusion based upon deductive reasoning rather than research or...
What is 'Rabbi Trust'
A rabbi trust is a type of trust that is typically used by employers to hold retirement benefits for their employees. The assets in the trust are held in the trust's name, but the beneficiaries of...
What is 'Occupational Labor Mobility' Refers to the ease with which workers can switch career fields to find gainful employment or meet labor needs. Higher levels of occupational labor mobility help to maintain strong employment and productivity...