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gift of equity

Gift of Equity

What is a Gift of Equity A gift of equity is a home sale in which the seller agrees to give the buyer a certain...

Back Month Contract

What is 'Back Month Contract' A type of futures contract that expires in any month past the front month futures contract. The...

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Commodity

DefinitionIn economics, a commodity is an economic good or service that has full or substantial fungibility: that is, the market treats instances of the...
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Cumulative vs Non Cumulative

Cumulative vs Non Cumulative

When it comes to data, there are two main types of distributions: cumulative and non-cumulative. Cumulative distributions are those in which the total sum...

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