Zero-Spread Volatility
What is the 'Zero-Volatility Spread - Z-spread' The Zero-volatility spread (Z-spread) is the constant spread that makes the price of a security equal to the...
Payment For Order Flow (PFOF)
Definition The payment that a stockbroker receives from a market maker in exchange for routing its clients' trades to that market maker is called Payment...
Mortgage Backed Securities (MBS)
In the financial world, there are plenty of ways to grow a portfolio. Mortgage-backed securities are instruments that offer a variety of benefits to...
Knowledge Capital
Definition Knowledge management is the process of creating, sharing, using and managing the knowledge and information of an organisation. It refers to a multidisciplinary approach...
Knowledge Economy
DefinitionThe knowledge economy is the use of knowledge to generate tangible and intangible values. Technology, and in particular, knowledge technology, helps to incorporate part...
Krugerrand Gold Coin
What is 'Krugerrand Gold Coin' A gold coin minted by the Republic of South Africa. Krugerrand gold coins contain exactly one troy...
Keynesian Economics
DefinitionKeynesian economics are the various macroeconomic theories about how in the short run – and especially during recessions – economic output is strongly influenced...
