Taguchi Method Of Quality Control
What is the 'Taguchi Method Of Quality Control' The Taguchi method of quality control is an approach to engineering that emphasizes the roles of research and development, product design and product development in reducing the occurrence of defects and failures in products. The Taguchi method considers design to be more important than the manufacturing process in quality...
PAB
What is 'PAB' In currencies, this is the abbreviation for the Panama Balboa. Explaining 'PAB' The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. Further Reading Photovoltaics: added value of architectural integration -...
S&P 500
Definition The Standard & Poor's 500, often abbreviated as the S&P 500, or just the S&P, is an American stock market index based on the market capitalizations of 500 large companies having common stock listed on the NYSE or NASDAQ. The S&P 500 index components and their weightings are determined by S&P Dow Jones Indices. It differs from other U.S....
Valuation Clause
What is a Valuation Clause A valuation clause is a clause in a contract that stipulates the value of goods or services to be exchanged. This type of clause is typically used in purchase contracts, where the buyer and seller agree on a set price for the goods or services being exchanged. In some cases, the valuation clause may also...
Macaroni Defense
What is 'Macaroni Defense' An approach taken by a company that does not want to be taken over. The company issues a large number of bonds with the condition they must be redeemed at a high price if the company is taken over. Explaining 'Macaroni Defense' Why is it called Macaroni Defense? Because if...
Quadruple Witching
What is 'Quadruple Witching' Quadruple witching refers to an expiration date that includes stock index futures, stock index options, stock options and single stock futures. While stock options contracts and index options expire on the third Friday of every month, all four asset classes expire simultaneously on the third Friday of March, June, September and December. Much of the action...
ILS (Israeli New Shequel)
What is 'ILS' For the Israeli New Sheqel (ILS), sometimes known as the Israeli New Sheqel (ILS), the currency abbreviation or currency sign is ILS. In addition to being made up of 100 agorot, the New Sheqel is frequently represented by the sign ₪. This sign is a combination of the initial letters of the Hebrew words "sheqel" and "hadash,"...
S&P 500 Dividend Aristocrats
DefinitionThe Dividend Aristocrats are S&P 500 index constituents that have increased their dividend payouts for 25 consecutive years or more. S&P 500 Dividend Aristocrats What is 'S&P 500 Dividend Aristocrats' Companies in the S&P 500 who have increased their dividends for at least 25 consecutive years. The S&P 500 Dividend Aristocrats index tracks their performance, and is...
L-Shaped Recovery
What is 'L-Shaped Recovery' A type of economic recession and recovery that resembles an "L" shape in charting. An L-shaped recovery represents the shape of the chart of certain economic measures, such as employment, GDP and industrial output. An L-shaped recovery involves a sharp decline in these metrics followed by a long period of flat or stagnant...
Half Commission Man
What is 'Half Commission Man' A half commission man is an individual who introduces clients to stock brokers or other market professionals in exchange for an agreed upon percentage of any commissions earned as a result of the new client. Although a stock broker must share some of his or her commissions, the theory is that the...