Finance Reference

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

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

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

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

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

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

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

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

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

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...