Deal Breaker
DefinitionDeal Breaker is a 1995 thriller novel by Harlan Coben and is the first of the novels which feature Myron Bolitar. Deal Breaker ...
Realized Yield
What is a 'Realized Yield'
Realized yield is the actual return earned during the holding period for an investment, and may include dividends, interest payments...
Quant Fund
What is 'Quant Fund' An investment fund that selects securities based on quantitative analysis. In a quant fund, the managers build computer-based...
Par
What is 'Par' Short for "par value," par can refer to bonds, preferred stock, common stock or currencies, with different meanings depending...
Year
DefinitionA year is the orbital period of the Earth moving in its orbit around the Sun. Due to the Earth's axial tilt, the course...
Variable Cost Ratio
What is the 'Variable Cost Ratio' The variable cost ratio is an expression of a company's variable production costs as a percentage...
Lead Underwriter
What is 'Lead Underwriter' A investment bank or other financial outfit that has the primary directive for organizing an initial public stock...
Lawful Money
What is 'Lawful Money'
Gold coins, silver coins, Treasury notes, and Treasury bonds are all examples of currency that is not issued by the Federal...
Leakage
What is a 'Leakage' Leakage is a situation in which capital, or income, exits an economy or system rather than remaining within...
Last Mile
DefinitionThe last mile or last kilometer is a colloquial phrase widely used in the telecommunications, cable television and internet industries to refer to the...