MAD

What is 'MAD' In currencies, this is the abbreviation for the Moroccan Dirham. Explaining 'MAD' The currency market, also...

BRIC

DefinitionIn economics, BRIC is a grouping acronym that refers to the countries of Brazil, Russia, India and China, which are all deemed to be...

Baby Bills

What is 'Baby Bills' A hypothetical nickname for the smaller companies that would have been formed if Microsoft had been broken up...

Back Charge

What is 'Back Charge' A billing made to collect an expense incurred in a previous billing period. A back charge may be...

Half Stock

What is 'Half Stock' Stock sold with a par value half of what is considered standard. Half stock can be either common...

Valuation Analysis

What is a 'Valuation Analysis' A form of fundamental analysis that looks to compare the valuation of one security to another, to...

IDC Deposits

What is 'IDC Deposits' IDC Deposits Corp. oversees the MMAX (Money Market Account Extra) program which provides depositors with an efficient way...

Baby Bond

What is 'Baby Bond' Fixed income securities issued in small denominations, generally with a maximum face value of $5,000. The small denominations...

Obsolescence Risk

What is 'Obsolescence Risk' The risk that a process, product or technology used or produced by a company for profit will become...

What is the Pareto Principle?

Definition The Pareto principle states that, for many events, roughly 80% of the effects come from 20% of the causes. Management consultant Joseph M. Juran...