NASDAQ Global Select Market Composite
What is 'NASDAQ Global Select Market Composite' A market capitalization-weighted index made up of U.S.-based and international stocks that represent the NASDAQ Global Select Market Composite. The NASDAQ Global Select Market Composite consists of 1,200 stocks that meet Nasdaq's strict financial and liquidity requirements and corporate governance standards. The Global Market Select Composite is more exclusive than...
S
What is 'S' A Nasdaq stock symbol indicating shares of beneficial interest. Explaining 'S' 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: Economics, finance and management...
R
What is 'R' 1. An occasional fifth letter in a Nasdaq-traded company's ticker symbol that identifies the stock as a rights offering. Nasdaq-listed securities usually have four or five characters. The ticker symbol by itself has four letters; if a fifth letter appears, it identifies the issue as other than a single issue of common or capital...
T
What is 'T' A Nasdaq stock symbol specifying that the stock has warrants or rights. Explaining 'T' 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: Economics,...
S&P 600
DefinitionThe S&P SmallCap 600 Index, more commonly known as the S&P 600, is a stock market index from Standard & Poor's. It covers roughly the small-cap range of US stocks, using a capitalization-weighted index., the market capital of companies included in the S&P SmallCap 600 Index ranged from US$400 million to US$1.8 billion. The index's median market cap was...
CAMELS Rating System
What is the 'CAMELS Rating System' The CAMELS rating system is a recognized international rating system that bank supervisory authorities use in order to rate financial institutions according to six factors represented by the acronym "CAMELS." Supervisory authorities assign each bank a score on a scale, and a rating of one is considered the best and the...
Gambling Loss
What is 'Gambling Loss' A loss resulting from games of chance or wagers on events with uncertain outcomes (gambling). These losses can only be claimed against gambling income. Explaining 'Gambling Loss' Gambling losses include the cash lost at the slot machines or when a "sure bet" comes up lame in the race. Total gambling...
EBITDA To Fixed Charges
What is EBITDA and how is it calculated EBITDA is an acronym that stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure of a company's profitability that excludes these four expenses. The calculation is simple: you take a company's net income and add back interest, taxes, depreciation, and amortization. This number gives you an accurate picture...
Validation Period
What is 'Validation Period' The amount of time necessary for the premium on an insurance policy to cover the commissions, the cost of investigation, medical exams and other expenses associated with the issuance of the policy. The validation period is the period of time that passes before an insurance product becomes profitable or until the product can...
What Is Planned Obsolescence
DefinitionIn economics and industrial design, planned obsolescence is a policy of planning or designing a product with an artificially limited useful life, so that it becomes obsolete after a certain period of time. The rationale behind this strategy is to generate long-term sales volume by reducing the time between repeat purchases. It is the deliberate shortening of a lifespan...