Labor Intensive
What is 'Labor Intensive' Labor intensive refers to a process or industry that requires a large amount of labor to produce its goods or services. The degree of labor intensity is typically measured in proportion to the amount of capital required to produce the goods or services; the higher the proportion of labor costs required, the more labor intensive the...
A-Share
What is 'A-Share' In a family of multi-class mutual funds, this is the class that is usually characterized by a loaded fee structure. Class A mutual fund units will commonly have a front- or rear-end load, to compensate for the sales person's commission. Not all fund companies follow this class structure; however, it is the prominent method...
ZEW Economic Sentiment
What is 'ZEW Economic Sentiment' A monthly economic survey. The ZEW Economic Sentiment is an almalgamation of the sentiments of approximately 350 economists and analysts regarding the economic future of Germany for the next six months. The survey shows the balance between those analysts who are optimistic about Germany's economic future and those who are not. ...
ZZZZ Best
What was the 'ZZZZ Best' ZZZZ Best was a bankrupt firm that was owned by Barry Minkow in the 1980s and is now in receivership. Minkow and his friends created the appearance of a multi-million dollar firm by forging documents and stealing property. The initial public offering (IPO) of ZZZZ Best took place in December 1986, and the company attained...
Yankee Certificate Of Deposit
What is 'Yankee Certificate Of Deposit' A certificate of deposit issued by a foreign bank in the United States. As they usually have a minimum face value of $100,000, Yankee certificates of deposit are generally used by institutional and other large investors looking to invest funds in instruments with a relatively high degree of safety, although they...
S&P Phenomenon
What is 'S&P Phenomenon' The tendency for a stock that has been recently added to the S&P composite index to experience a temporary price increase. The S&P index to which this phenomenon refers to is the S&P 500 – the Standard & Poor's index that is based on 500 leading companies in predominant industries of the U.S....
XDIS
DefinitionThe Independence Party is a liberal-conservative and Eurosceptic political party in Iceland. It is currently the largest party in the Althing, with 16 seats. The chairman of the party is Bjarni Benediktsson. The secretary of the party is Áslaug Arna Sigurbjörnsdóttir. XDIS What is 'XDIS' A symbol used specifically upon the consolidated tape to indicate a security...
Rafael Miranda Robredo
What is 'Rafael Miranda Robredo' A former CEO of Spanish electricity company Endesa. Born in Spain in 1949, Roberdo worked for Tudor and Campofrio before joining Endesa in 1987 as a managing director. In 1997 he became Endesa's CEO. In 1998, Spain began deregulation of its electricity sector, and Roberdo had to reinvent the company under changing...
Daily Chart
What is 'Daily Chart' A line graph that displays the intraday movements of a given security. This contrasts to longer term charts, such as those that show a security's movement over a period of days, months or even years. Explaining 'Daily Chart' Daily charts display all of the price movement for the period and...
AC-DC Option
What is 'AC-DC Option' A derivative that gives an investor the right - but not the obligation - to buy (call) or sell (put) a security at a certain price (strike), and in which the investor makes the buy or sell decision at a specific time after the option is in force, rather than at the time...