Take or Pay
DefinitionA take-or-pay contract is a rule structuring negotiations between companies and their suppliers. With this kind of contract, the company either takes the product...
Japan ETFs
What is 'Japan ETFs' A type of exchange-traded fund that invests the majority of its assets in Japanese equities that trade on...
Unconventional Cash Flow
What is an ‘Unconventional Cash Flow'
A series of inward and outward cash flows over time in which there is more than one change in...
Equity
Simply put: Equity = Assets – Liabilities However, since there are a number of different types of assets, this definition cannot encompass them all...
Hard Inquiry
What is 'Hard Inquiry' A type of credit report check that may lower an individual's credit score. A hard inquiry occurs when...
Bad Debt Expense
What is a 'Bad Debt Expense' Bad debt expense represents the amount of uncollectible accounts receivable that occurs in a given period....
Earnings Credit Rate (ECR)
Earnings Credit Rate (ECR) What is 'Earnings Credit Rate - ECR' A daily calculation of interest paid on idle funds that reduce...
Kijun Line
What is 'Kijun Line' The mid-point between the highest high and lowest low of a particular security. The kijun line, also called...
Oil Initially In Place (OIIP)
What is 'Oil Initially In Place - OIIP' The amount of crude first estimated to be in a reservoir. Oil initially in...
Kijun-Sen
What is 'Kijun-Sen' The Kijun-Sen is a major indicator line and component of the Ichimoku Kinko Hyo indicator, also known as the...