Corporations
The word corporation represents an organization, which works completely separately from its owners, and it is in itself a legal body capable of presenting...
Knock-In Option
What is a 'Knock-In Option'
A knock-in option is a latent option contract that becomes active as a conventional option contract only when a specified...
Qualified Domestic Institutional Investor (QDII)
Definition
The Qualified Domestic Institutional Investor (QDII) program, also known as the Qualified Domestic Institutional Investor (QDII) program, is a capital market plan that allows...
Certificate of Deposit
DefinitionA certificate of deposit is a time deposit, a financial product commonly sold in the United States and elsewhere by banks, thrift institutions, and...