What is 'FDIC Insured Account' An account that meets the requirements to be covered or insured by the Federal Deposit Insurance Corporation (FDIC). An FDIC Insured Account has to be in a bank that is a participant...
What is 'EBITDA Margin' EBITDA margin is a measurement of a company's operating profitability as a percentage of its total revenue. It is equal to earnings before interest, tax, depreciation and amortization (EBITDA) divided by total revenue....
What is 'ABX index'
A financial metric used to assess the entire value of mortgages given to borrowers with subprime or poor credit ratings. When computing the total value of the ABX index, credit default swap contracts are used. The...
RALEIGH, NC (Finance Reference Data Insights) -- A new, nationwide study of United States adults casts doubts on the potential effectiveness of the new stimulus bills considered by Congress and the new administration. When asked how they would spend...