T Distribution
What is 'T Distribution' A type of probability distribution that is theoretical and resembles a normal distribution. A T distribution differs from...
A.M. Best
What is 'A.M. Best' A.M. Best is a ratings agency focused on the worldwide insurance industry. Founded in New York City in...
NAD
What is 'NAD' In currencies, this is the abbreviation for the Namibia Dollar. Explaining 'NAD' The currency market, also...
Ma And Pa Shop
What is 'Ma And Pa Shop' A colloquial term for a small, independent, family-owned business. Unlike franchises and large corporations, which have...
Xenocurrency
What is 'Xenocurrency' A currency that trades in markets outside of its domestic borders. The term "xenocurrency" is derived from the prefix...
Yard
What is 'Yard' A financial term meaning one billion. Yard is derived from the term "milliard" which is used in some European...
C-Note – What is a C Note Money
What does a C note mean and where does the term come from
A C-note is a common slang term for a $100 bill. The...
W-4 Form
What is the W-4 form and what is it used for
The W-4 form is a document that is used by employers to determine the...
Qualified Acquisition Cost
What is Qualified Acquisition Cost
Qualified Acquisition Cost (QAC) is a measure of the costs incurred by a company to acquire or develop new products...
FAAMG Stocks
What is 'FAAMG Stocks'
FAAMG is an abbreviation coined by Goldman Sachs for five top performing tech stocks in the market, namely Facebook, Amazon, Apple,...