Above Full-Employment Equilibrium
What is 'Above Full-Employment Equilibrium' A macroeconomic term used to describe the real gross domestic product (GDP) is currently in excess of...
Same-Day Funds
What are same-day funds and what do they mean for businesses
When a business owner hears the term "same-day funds," they may think it refers...
Magic Formula Investing
DefinitionMagic formula investing is a term referring to an investment technique outlined by Joel Greenblatt that uses the principles of value investing. Magic Formula...
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...