Absolute Return Index
What is 'Absolute Return Index' A stock index designed to measure absolute returns. The absolute return index is actually a composite index...
Backup Withholding
What is 'Backup Withholding'
Backup withholding is the tax that is levied on investment income, at an established tax rate, as the investor withdraws it....
Key Money
DefinitionKey money is one of several forms of payment made to a landlord. The term has various meanings in different parts of the world....
Hedge Fund
DefinitionA hedge fund is an investment fund that pools capital from accredited individuals or institutional investors and invests in a variety of assets, often...
Tangible Net Worth
What is 'Tangible Net Worth'
It is most typically used to calculate a company's net worth by excluding any value generated from intangible assets, such...
Management By Objectives (MBO)
What is 'Management By Objectives - MBO'
Managers use management by objectives (MBO) to enhance the performance of their organizations. MBO is a management approach...
Parity Price
What is a ‘Parity Price'
When the price of one asset is closely connected to the price of another asset, this is referred to as...
Investment
Investment refers to buying financial assets with the expectation of earning profit in the future. The underlying asset is purchased not for immediate consumption,...
Range Forward Contract
What is 'Range Forward Contract'
It is a zero-cost currency forward contract that employs a variety of exchange rates rather than a single rate and...
Uncle Sam
What is 'Uncle Sam' A nickname dating back to 1812 used to refer to the U.S. government. The term is said to...