Tangible Net Worth
What is 'Tangible Net Worth'
It is most typically used to calculate a company's net worth by excluding any value generated from intangible assets, such...
Management By Objectives (MBO)
What is 'Management By Objectives - MBO'
Managers use management by objectives (MBO) to enhance the performance of their organizations. MBO is a management approach...
Parity Price
What is a ‘Parity Price'
When the price of one asset is closely connected to the price of another asset, this is referred to as...
Investment
Investment refers to buying financial assets with the expectation of earning profit in the future. The underlying asset is purchased not for immediate consumption,...
Range Forward Contract
What is 'Range Forward Contract'
It is a zero-cost currency forward contract that employs a variety of exchange rates rather than a single rate and...
Off-Balance-Sheet Financing
DefinitionOff-balance sheet, or Incognito Leverage, usually means an asset or debt or financing activity not on the company's balance sheet. Total return swaps are...
Economic And Social Stabilization Fund (Chile)
What is 'Economic And Social Stabilization Fund - Chile' The Economic and Social Stabilization Fund is a government-owned investment organization that manages...
Absentee Landlord
DefinitionIn economics, an absentee landlord is a person who owns and rents out a profit-earning property, but does not live within the property's local...