Jitney
What is 'Jitney' A situation in which one broker who has direct access to a stock exchange performs trades for a broker who...
Joint Return
What is 'Joint Return' A U.S. income tax return filed on behalf of a married couple, resulting in a combined tax liability....
Job Hunting Expenses
What is 'Job Hunting Expenses' Costs that individuals may be allowed to deduct on their federal tax returns to reduce their total...
National Securities Markets Improvement Act (NSMIA)
What is 'National Securities Markets Improvement Act - NSMIA' Passed by the U.S. Congress in 1996, the NSMIA was an attempt to...
Ultimate Oscillator
What is 'Ultimate Oscillator'
A technical indicator invented by Larry Williams that uses the weighted average of three different time periods to reduce the volatility...
Nasdaq SmallCap Market
What is 'Nasdaq SmallCap Market' The Nasdaq equity market for companies that have relatively small levels of market capitalization. Listing requirements for...
Safe Deposit Box
DefinitionA safe deposit box, also known as a safety deposit box, is an individually secured container, usually held within a larger safe or bank...
Targeted Amortization Class (TAC)
What is 'Targeted Amortization Class - TAC' A type of credit derivative that is similar to a planned amortization class (PAC) in...
Yemeni Rial (YER)
What is 'Yemeni Rial - YER' The official currency of the country of Yemen. The Yemeni Rial is divided into 100 fils,...
U.S. Treasury
What is the U.S. Treasury
The United States Department of the Treasury is the national treasury of the United States federal government. It was established...