Tangible Cost
What is ‘Tangible Cost'
A quantitative expense that can be traced back to a specific source or item. Tangible costs are expenditures incurred as a...
Short Position
DefinitionIn finance, a short sale is the sale of an asset that the seller does not own. The seller effects such a sale by...
Lagging Indicator
What is a 'Lagging Indicator' A lagging indicator is a measurable economic factor that changes only after the economy has begun to...
Backing Away
What is 'Backing Away' Failure by a market maker in a security to honor the quoted bid and ask prices for a...
Pass-Through Certificate
DefinitionA pass-through certificates is an instrument that evidences the ownership of two or more equipment trust certificates. In other words, equipment trust certificates may...
Qualifying Domestic Trust (QDOT)
Qualifying Domestic Trust (QDOT) What is 'Qualifying Domestic Trust - QDOT' A type of trust that allows taxpayers who are not...
Oman Rial (OMR)
What is 'Oman Rial - OMR' The currency of Oman. The Omani rial is broken into smaller units, called baisa, and is...
Underlying Mortality Assumption
What is 'Underlying Mortality Assumption' Projections of expected death rates used by actuaries to estimate insurance premiums and pension obligations. Underlying mortality...
Marketing
Understanding the concept of marketing Marketing is a process through which companies communicate, promote, exchange and deliver offerings which have value for its target...
Unannualized
What is 'Unannualized'
A rate of return on an investment for a period other than one year. An unannualized return may be used to report...