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...

DTI

DTI is debt to income ratio Your debt to income ratio is an important part of your credit score calculation A low debt...

Macro Environment

What is a 'Macro Environment' A macro environment is the condition that exists in the economy as a whole, rather than in...
Hacktivism

Hacktivism

What is hacktivism and what are its goals Hacktivism is a type of activism that uses computer hacking to further its goals. While the goals...

Vagit Y. Alekperov

What is 'Vagit Y. Alekperov' The founder of major Russian oil company Lukoik. Lukoil began as Langepas-Uray-Kogalymneft, a Russian state-owned energy company...

Haas School of Business

What is 'Haas School of Business' The business school at the University of Berkeley. It offers a wide variety of programs, including...

Initial Public Offerings – IPO

IPO or Initial Public Offering refers to the first stock sale made by a private organization to the public. This move is typically used...

A-Note

What is 'A-Note' The highest tranche of an asset backed security or other structured financial product. An A-note is senior to other...

Haggle

What is 'Haggle' When two parties involved in the purchase of a good and service negotiate the price until both parties can...