NASDAQ Global Market Composite
What is 'NASDAQ Global Market Composite' An index made up of stocks that represent the Nasdaq Global Market. The NASDAQ Global Market Composite consists of 1,450 stocks that meet Nasdaq's strict financial and liquidity requirements, and corporate governance standards. The Global Market Composite is less exclusive than the Global Select Market Composite. Explaining 'NASDAQ Global...
V-Shaped Recovery
What is V-shaped Recovery A V-shaped recovery is when an economy rebounds quickly after a sharp decline. The name comes from the shape of the resulting economic graph, which looks like a "V." A V-shaped recovery is the best case scenario for an economy that has experienced a downturn. Following a sharp decline, economic activity will rebound quickly and return...
A-Credit
What is 'A-Credit' The highest credit grade available as assigned to a borrower by a lender. Lenders use a credit grading system to qualify borrowers. The higher the borrower's credit grade, the lower the interest rate offered to that borrower on a loan. Explaining 'A-Credit' Credit grading by lenders is based on many factors,...
KPW (North Korean Won)
KPW (North Korean Won) What is 'KPW' The currency symbol or currency abbreviation for the North Korean won (KPW), the currency for North Korea. The won is divided into 100 chon and is often presented with the symbol (W). The word "won" is a hybrid of the Chinese word "yuan" and Japanese "yen". Explaining...
SMA
SMA stands for simple moving average. It is an average that is calculated by adding the recent prices and dividing by the number of time periods. The shorter the term, the more quickly the changes of the underlying price will be recorded. Longer term averages are slower. What does the Moving Average tell you? The moving average helps you...
T-Test
What is a 'T-Test' A t-test is an analysis of two populations means through the use of statistical examination; a t-test with two samples is commonly used with small sample sizes, testing the difference between the samples when the variances of two normal distributions are not known. Explaining 'T-Test' A form of hypothesis testing, the t-test...
Jakarta Stock Exchange (JKT) .JK
What is 'Jakarta Stock Exchange (JKT) .JK' Indonesia's first stock exchange. Founded in 1912 for the interest of the Dutch East India Company, the Jakarta Stock Exchange was closed during parts of World Wars I and II. When it reopened in 1952, the only exchanged security was the Indonesian government bond. The exchange became inactive from 1956-1977,...
T+1 (T+2,T+3)
What is 'T+1 (T+2,T+3)' Abbreviations that refer to the settlement date of security transactions. The T stands for transaction date, which is the day the transaction takes place. The numbers 1, 2 or 3 denote how many days after the transaction date the settlement or the transfer of money and security ownership takes place. Explaining...
Face-Amount Certificate Company
What is 'Face-Amount Certificate Company' Debt securities are issued by investment firms to their investors as a form of debt financing. These securities are referred to as face-amount certificates, and they are backed by security interests in assets such as real estate or other financial instruments. The nature of this financing is comparable to that of mortgage bond debt financing. Explaining...
FDIC Problem Bank List
DefinitionIn American finance, the FDIC problem bank list is a confidential list created and maintained by the Federal Deposit Insurance Corporation which lists banks that are in jeopardy of failing. The list is closely monitored, and if problems continue with a listed bank, the FDIC takes control of the bank; it may then sell the problem bank to a...