KHR (Cambodian Riel)

What is 'KHR' The currency abbreviation or currency symbol for the Cambodian riel (KHR), the currency for Cambodia. The riel is made...

Daily Trading Limit

What is 'Daily Trading Limit' The maximum gain or loss on a derivative contract, such as options and futures contracts, that is...

Facebook Credits

DefinitionFacebook Credits was a virtual currency that enabled people to purchase items in games and non-gaming applications on the Facebook Platform. One U.S. dollar...

Obligation Bond

What is 'Obligation Bond' A municipal bond used to secure a mortgage on property or other physical assets that can be liquidated....

GDP Gap

DefinitionThe GDP gap or the output gap is the difference between actual GDP or actual output and potential GDP. The calculation for the output...

Nakahara Prize

DefinitionThe Nakahara Prize is an annual award given by the Japanese Economic Association to Japanese economists under the age of 45 whose work has...

Tail Risk

DefinitionTail risk is the additional risk of an asset or portfolio of assets moving more than 3 standard deviations from its current price, above...

PL Statement

Source: WikipediaLast Sourced: 2021-02-01This Article has been Edited for Accessibility Further Reading Financial ratios as a means of forecasting bankruptcy - www.jstor.org Testing...

Macaulay Duration

What is The 'Macaulay Duration' The Macaulay duration is the weighted average term to maturity of the cash flows from a bond....

Paired Shares

What is 'Paired Shares' The stock of two separate companies that are under the management or supervision of a single corporation. Paired...