Qualified Acquisition Cost
What is Qualified Acquisition Cost Qualified Acquisition Cost (QAC) is a measure of the costs incurred by a company to acquire or develop new products or services. It includes all direct and indirect costs associated with the project, such as research and development, marketing, and product launch expenses. QAC is often used as a metric for evaluating the success of...
FAAMG Stocks
What is 'FAAMG Stocks' FAAMG is an abbreviation coined by Goldman Sachs for five top performing tech stocks in the market, namely Facebook, Amazon, Apple, Microsoft, and Alphabet’s Google. Explaining 'FAAMG Stocks' Roughly 3,000 companies (mostly tech companies) trade on the NASDAQ and the Nasdaq Composite provides an indication of how the tech sector is faring in the economy. Facebook (FB), Amazon...
U.S. Agency for International Development (USAID)
What is 'U.S. Agency for International Development - USAID' An independent federal agency of the United States that provides aid to citizens of foreign countries. Types of aid provided by USAID include disaster relief, technical assistance, poverty alleviation and economic development. The agency creates country-specific programs that provide tailored solutions based on individual needs. USAID is under...
Naked Option
What is a naked option When most people think of options trading, they picture someone buying or selling a call or put option on an underlying security, such as a stock. However, there is another type of options trade known as a "naked" option. A naked option is an options contract that is not offset by an equivalent position in...
Source: WikipediaLast Sourced: 2021-02-01This Article has been Edited for Accessibility Further Reading Event studies in economics and financewww.jstor.org ECONOMISTS are frequently asked to measure the effects of an economic event on the value of firms. On the surface this seems like a difficult task, but a measure can be constructed easily using an event study. Using financial market...
Game Theory
What is 'Game Theory' Game theory is the study of human conflict and cooperation within a competitive situation. In some respects, game theory is the science of strategy, or at least the optimal decision-making of independent and competing actors in a strategic setting. The key pioneers of game theory were mathematicians John von Neumann and John Nash,...
JMD (Jamaican Dollar)
What is 'JMD' The currency abbreviation or the currency symbol for the Jamacian dollar (JMD), the currency for Jamaica. The currency is made up of 100 cents and is often presented with the symbol (J$) or (JA$). The Jamaican dollar was also formerly used in the Cayman Islands. Explaining 'JMD' The Jamaican dollar was...
Occupancy Fraud
What is 'Occupancy Fraud' A type of mortgage fraud, whereby the borrower lies about whether or not the home will be owner occupied. Occupancy fraud happens when the borrower says that a home will be owner occupied, when in reality it will not be. Mortgage lenders typically offer lower rates to mortgages on owner-occupied homes, rather than...
Gain
What is 'Gain' An increase in the value of an asset or property. A gain arises if the selling or disposition price of the asset is higher than the original purchase or acquisition price. This positive difference between the sale price and purchase price is referred to as the gross gain; if transaction costs such as commissions...
Vacancy Rate
What is the 'Vacancy Rate' The vacancy rate is the percentage of all available units in a rental property, such as a hotel or apartment complex, that are vacant or unoccupied at a particular time. It is the opposite of the occupancy rate, which is the percentage of units in a rental property that are occupied. High...