Z-Bond
What is 'Z-Bond' The final tranche in a series of mortgage-backed securities that is the last one to receive payment. Used in...
Naked Position
What is 'Naked Position' A securities position that is not hedged from market risk. Both the potential gain and the potential risk...
Wachovia Hybrid and Preferred Securities (WHPPSM) Indicies
What is 'Wachovia Hybrid and Preferred Securities (WHPPSM) Indicies' Market capitalization weighted indicies designed by Wachovia to measure the performance of the...
Macro Accounting
What is 'Macro Accounting' Accounting for the total or aggregate economic activities of a nation. Macro accounting forms the basis for the...
J. Harold Chandler
What is 'J. Harold Chandler' The current COO of Univers Workplace Benefits and a former president, CEO and chairman of disability insurance...
OEX
What is 'OEX' The ticker symbol used to identify index options traded on the Standard & Poor's 100 index. OEX options are...
W-2 Form
What is the 'W-2 Form'
The W-2 form is the form that an employer must send to an employee and the Internal Revenue Service (IRS)...
K-Ratio
What is 'K-Ratio' A ratio that is used in the performance evaluation of an equity relative to its risk. The ratio examines...
T-Account
What is a T-account
A T-account is a visual representation of the ledger of a business or individual. It is so named because it looks...
Ragnar Frisch
What is 'Ragnar Frisch' A Norwegian economist and joint winner in 1969 of the very first Nobel Prize in Economics, along with...