H

What is 'H' A Nasdaq stock symbol specifying that it is the second preferred bond of the company. Explaining 'H' Nasdaq-listed securities have four or five characters. If a fifth letter appears, it identifies the issue as other than a single issue of common stock or capital stock. Further Reading Heterogeneous agent...

S-8 Filing

What is 'S-8 Filing' A SEC filing required for companies wishing to issue equity to their employees. Explaining 'S-8 Filing' Similar to filing a prospectus, the S-8 outlines the details of an internal issuing of stock or options to employees. Further Reading Shell companies as IPO alternatives: an analysis of trading activity...

I

What is 'I' A Nasdaq stock symbol specifying that it is the third preferred bond of the company. Explaining 'I' Nasdaq-listed securities have four or five characters. If a fifth letter appears, it identifies the issue as other than a single issue of common stock or capital stock. Further Reading Trends in park tourism:...

J

What is 'J' A Nasdaq stock symbol specifying that the stock has voting rights. Explaining 'J' Nasdaq-listed securities have four or five characters. If a fifth letter appears, it indicates that the issue is other than a single issue of common or capital stock. Further Reading Trends in park tourism: Economics, finance and...

Labor Theory Of Value

Labor Theory Of Value What is the 'Labor Theory Of Value ' The labor theory of value was an early attempt by economists to explain why goods were exchanged for certain prices on the market. It suggested the value of a commodity could be measured objectively by the average number of labor hours necessary to produce...

K

What is 'K' A Nasdaq stock symbol specifying that the stock has no voting rights. Explaining 'K' Nasdaq-listed securities have four or five characters. If a fifth letter appears, it identifies the issue as other than a single issue of common stock or capital stock. Further Reading An empirical comparison of published...

Zakat

What is 'Zakat' A term used in Islamic finance to refer to the obligation that an individual has to donate a certain proportion of wealth each year to charitable causes. Zakat is a mandatory process for Muslims in order to physically and spiritually purify their yearly earnings that are over and above what is required to provide...

Yankee CD

What is 'Yankee CD' A certificate of deposit (CD) that is issued in the United States by a branch or agency of a foreign bank. A Yankee CD is a foreign certificate of deposit denominated in U.S. dollars, issued in the U.S. to American investors. A foreign company can raise capital from U.S. investors by issuing Yankee...

L

What is 'L' The fifth character added to a stock symbol listed on the Nasdaq to denote a miscellaneous situation. When L is present as the fifth letter of a Nasdaq ticker symbol, it indicates a subordinate issue including certificates of participation, preferred participation and stubs, which represents a stock that is made up of the converted...

C. Michael Armstrong

DefinitionC Michael Armstrong is an American business executive and former AT&T chairman and CEO. He tried to reestablish AT&T as an end-to-end carrier but, due to the dot-com bust and various other issues, he was forced to break the group up in 2001. He resigned in 2002 and was succeeded by AT&T President David Dorman. C. Michael Armstrong ...