E. Linn Draper Jr.

What is 'E. Linn Draper Jr.' A former chairman, CEO and president of Ohio-based public utility holding company American Electric Power Company. He became the company's leader just as energy deregulation took place, and he led a merger with another major public utility holding company (Central & South West Corp.), reassured investors of the company's strength in...

P

What is 'P' A symbol that, when used as the fifth letter in a ticker symbol, indicates that a security is a first preferred issue. Called a fifth-letter identifier, "P" and most other letters of the alphabet, can be used to indicate that a security is not common stock, but has a special characteristic. Other examples of...

Q

What is 'Q' A Nasdaq stock symbol specifying that a particular stock is in bankruptcy proceedings. Explaining 'Q' 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 Economics and finance: q-statistical...

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...