GAAP – Generally Accepted Accounting Principles
The standard guidelines for financial accounting that apply in all legal bodies are termed as generally accepted accounting principles or GAAP. These principles include...
Baby Bells
DefinitionThe Regional Bell Operating Companies are the result of United States v. AT&T, the U.S. Department of Justice antitrust suit against the former American...
MACD – Moving Average Convergence Divergence
The MACD is a stock market indicator that plays a crucial part in the technical analysis of the market. The MACD is basically the...
Labor Productivity
What is 'Labor Productivity' Labor productivity is a measure of economic growth within a country. Labor productivity measures the amount of goods...
Jack Welch
What is 'Jack Welch' The former chairman and CEO of General Electric (GE) from 1981 - 2001. Welch expanded the company and...
Pac-Man Defense
DefinitionThe Pac-Man defense is a defensive business strategy used to stave off a hostile takeover, in which a company that is threatened with a...
KRW (Korean Won)
What is 'KRW' The currency abbreviation or currency symbol for the Korean won (KRW), the former currency for Korea. The won was...