Finance Reference

What is 'Z-Share' A class of mutual fund shares that employees of the fund's management company are allowed to own. Employees may...

The Compound Annual Growth Rate (CAGR) is a financial term that measures the annual rate of growth of an asset over a given time...

What is 'Zacks Investment Research' A company, founded in 1977, dedicated to providing professional investors with the financial data and analysis needed...

What is 'Gadfly' Gadfly is a term for an investor who attends the annual shareholders meeting to criticize the corporation's executives. Named...

What is 'Z-Bond' The final tranche in a series of mortgage-backed securities that is the last one to receive payment. Used in...

What is 'Naked Position' A securities position that is not hedged from market risk. Both the potential gain and the potential risk...

What is 'Wachovia Hybrid and Preferred Securities (WHPPSM) Indicies' Market capitalization weighted indicies designed by Wachovia to measure the performance of the...

What is 'Macro Accounting' Accounting for the total or aggregate economic activities of a nation. Macro accounting forms the basis for the...

What is 'J. Harold Chandler' The current COO of Univers Workplace Benefits and a former president, CEO and chairman of disability insurance...

What is 'OEX' The ticker symbol used to identify index options traded on the Standard & Poor's 100 index. OEX options are...