Quarter On Quarter (QOQ)

What is a 'Quarter On Quarter - QOQ' 'Quarter-on-quarter' (QOQ) is a measurement technique that determines how much something has changed between one financial quarter...

Hard Money Loan

DefinitionA hard money loan is a specific type of asset-based loan financing through which a borrower receives funds secured by real property. Hard money...

Canadian Institute Of Chartered Accountants (CICA)

What is 'Canadian Institute Of Chartered Accountants - CICA' A non-profit organization for accounting professionals in Canada. CICA has developed GAAP (generally...

Index

An index is a statistical term that refers to changes in representative data points over a certain time period. The term can be applied...

Jekyll and Hyde

DefinitionStrange Case of Dr Jekyll and Mr Hyde is a gothic novella by the Scottish author Robert Louis Stevenson first published in 1886. The...

Bailee

DefinitionBailment describes a legal relationship in common law where physical possession of personal property, or a chattel, is transferred from one person to another...

Named Perils Insurance Policy

What is 'Named Perils Insurance Policy' A home insurance policy that only provides coverage on losses incurred to your property from hazards...

Idle Funds

What is 'Idle Funds' Money that is not invested and, therefore, earning no interest or investment income. Idle funds are simply funds...

Unbiased Predictor

What is 'Unbiased Predictor' The notion that the current market price of a physical commodity (its cash price or currency) will be...

Real Estate Operating Company (REOC)

What is ‘Real Estate Operating Company – REOC' A company that invests in real estate and whose shares trade on a public exchange. A real...