KSOP

What is 'KSOP' A qualified retirement plan that combines an employee's stock ownership plan (ESOP) with a 401(k). Under this type of...
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F. Duane Ackerman

DefinitionF. Duane Ackerman is an American businessman. He was the last chairman and Chief Executive Officer of BellSouth Corporation. F. Duane Ackerman What...
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U.S. Dollar Index (USDX)

What is the 'U.S. Dollar Index - USDX' The U.S. dollar index (USDX) is a measure of the value of the U.S....
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Emerging and growth-leading economies

Emerging and Growth-leading Economies (EAGLE)

What are emerging and growth-leading economies (EAGLE) Emerging and growth-leading economies are those that are experiencing rapid economic growth. This can be due to a...
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T Distribution

What is 'T Distribution' A type of probability distribution that is theoretical and resembles a normal distribution. A T distribution differs from...
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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...
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NAD

What is 'NAD' In currencies, this is the abbreviation for the Namibia Dollar. Explaining 'NAD' The currency market, also...
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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...
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Xenocurrency

What is 'Xenocurrency' A currency that trades in markets outside of its domestic borders. The term "xenocurrency" is derived from the prefix...
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Yard

What is 'Yard' A financial term meaning one billion. Yard is derived from the term "milliard" which is used in some European...
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