IDR (Indonesian Rupiah)

What is 'IDR' The currency abbreviation or the currency symbol for the Indonesian Rupiah (IDR). The Rupiah is made up of 100 sen, and is often presented with the symbol (Rp). The Rupiah derives its name from its sister currency the Indian Rupee. The Riau Islands and the Indonesian half of New Guinea both had their own...

FASB 157

What is 'FASB 157' A Financial Accounting Standards Board (FASB) Statement that requires all publicly-traded companies in the U.S. to classify their assets based on the certainty with which fair values can be calculated. This statement created three asset categories: Level 1, Level 2 and Level 3. Level 1 assets are the easiest to value accurately based...

NAB Business Confidence Index

What is 'NAB Business Confidence Index' A key measure of business confidence in Australia, published monthly and quarterly by National Australia Bank. The NAB Business Confidence Index is a component of the bank's business survey, which covers hundreds of Australian companies to assess business conditions in the nation. The index is closely watched to gauge the overall...

KBW Bank Index

What is 'KBW Bank Index' An economic index consisting of the stocks of 24 banking companies. This index serves as a benchmark of the banking sector. This index trades on the Philadelphia Stock Exchange, where it was created. The KBW Index is named after Keefe, Bruyette and Woods, a recognized authority in the banking industry. ...

Macro Risk

What is 'Macro Risk' A type of political risk in which political actions in a host country can adversely affect all foreign operations. Macro risk can come about from events that may or may not be in the reigning government's control. Explaining 'Macro Risk' For example, any company that is engaging in foreign direct...

E-Meeting

What is 'E-Meeting' A meeting that takes place over an electronic medium rather than in the traditional face-to-face fashion. The most common form of an e-meeting is done through web-based software which allows individuals and groups from around the globe to facilitate meetings without physically travelling to an agreed upon location. Explaining 'E-Meeting' The...

Jackson Hole Economic Symposium

What is 'Jackson Hole Economic Symposium' An annual symposium sponsored by the Federal Reserve Bank of Kansas City since 1978, and held in Jackson Hole, Wyoming, since 1981. The symposium focuses on an important economic issue that faces U.S. and world economies. Participants include prominent central bankers and finance ministers, as well as academic luminaries and leading...

Occupancy Rate

Occupancy Rate

What is the 'Occupancy Rate' Occupancy rate refers to the ratio of rented or used space compared to the total amount of available space. Analysts use the phrase occupancy rates when discussing senior housing, hospitals, bed-and-breakfasts, hotels and rental units, among other categories. In a call center, occupancy rate refers to the amount of time agents spend on calls compared...

G. Allen Andreas Jr.

What is 'G. Allen Andreas Jr.' The former president, chairman and CEO of agribusiness company Archer Daniels Midland (ADM). In the late 1990s he took over as CEO for his uncle, Dwayne Andreas. Andreas Jr. also served as president of ADM and in 1999 became chairman. He is known for turning the company around after it was...

RSI

RSI stands for the Relative Strength Index. The Relative Strength Index was developed by J. Welles Wilder. It measures the change and speed of price movements between 0 and 100. Over 70 is usually considered "overbought" and under 30 is usually considered "oversold". What is a good RSI to buy? Generally speaking, if the RSI is below 30, then...