Tailgating
DefinitionTailgating is when a driver drives behind another vehicle while not leaving sufficient distance to stop without causing a collision if the vehicle in front stops suddenly. Tailgating What is 'Tailgating' Tailgating is when a broker, financial advisor or other sort of investing agent buys or sells a security for a client, and then proceeds to make...
E-Mini
What is the E-Mini and how does it work The E-Mini is a stock market index futures contract that tracks the value of the S&P 500 Index. It is one of the most popular futures contracts in the world, and its high liquidity makes it an attractive choice for traders. The E-Mini is traded on the Chicago Mercantile Exchange (CME),...
AARP
What is AARP and what do they offer The American Association of Retired Persons, or AARP, is a nonprofit organization that provides benefits and discounts to its members. The organization was founded in 1958 by Ethel Percy Andrus, a retired high school principal, and Leonard Davis, a businessman. AARP offers members a wide range of benefits, including discounts on travel,...
VA Loan
DefinitionA VA loan is a mortgage loan in the United States guaranteed by the United States Department of Veterans Affairs. The program is for American veterans, military members currently serving in the U.S. military, reservists and select surviving spouses and can be used to purchase single-family homes, condominiums, multi-unit properties, manufactured homes and new construction. The VA does not...
A-B Split
What is 'A-B Split' A method of testing the effectiveness of marketing methods or media. Using A-B split marketing, a list of target names is split into two groups on a random basis, with one group designated as a control group and the other as a test group. The objective of the A-B split is to determine...
FED Pass
What is 'FED Pass' An action taken by the Federal Reserve that looks to increase the availability of credit by moving additional reserves into the banking system. The supply of loans is increased as more funds are injected into major banks, typically allowing lenders to originate more mortgages at lower interest rates. Explaining 'FED Pass'...
Taft-Hartley Act
What is 'Taft-Hartley Act' The Taft-Hartley Act is a federal law that was enacted in 1947 that prohibited certain union practices and required improvement in union disclosure of financial and political dealings. Explaining 'Taft-Hartley Act' The Taft-Hartley Act revised provisions of the Wagner Act, which was a law passed by Congress and signed by President...
Qstick Indicator
What is 'Qstick Indicator' A technical indicator developed by Tushar Chande to numerically identify trends in candlestick charting. It is calculated by taking an 'n' period moving average of the difference between the open and closing prices. A Qstick value greater than zero means that the majority of the last 'n' days have been up, indicating that...
Yankee Bond
What is a 'Yankee Bond' A Yankee bond is a bond issued by a foreign entity, such as a bank or company, but is issued and traded in the United States and denominated in U.S. dollars. Yankee bonds are governed by the Securities Act of 1933, which requires the bonds to be registered with the Securities and Exchange Commission (SEC)...
KMF (Comorian Franc)
What is the KMF currency symbol or abbreviation and what does it stand for The KMF currency symbol is the Franco, and it is abbreviated as CF. The KMF currency is used in the Comoros, and it is pegged to the Euro at a rate of 491.9688Francs to 1 Euro. The KMF currency was introduced in 1975, and it replaced...