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...
FDIC Insured Account
What is 'FDIC Insured Account' An account that meets the requirements to be covered or insured by the Federal Deposit Insurance Corporation (FDIC). An FDIC Insured Account has to be in a bank that is a participant of the FDIC program. The different accounts that can be FDIC insured are NOW, checking, savings, Certificate of Deposits (CD)...
EBITDA Margin
What is 'EBITDA Margin' EBITDA margin is a measurement of a company's operating profitability as a percentage of its total revenue. It is equal to earnings before interest, tax, depreciation and amortization (EBITDA) divided by total revenue. Because EBITDA excludes interest, depreciation, amortization and taxes, EBITDA margin can provide an investor, business owner or financial professional with...
ABX index
What is 'ABX index' A financial metric used to assess the entire value of mortgages given to borrowers with subprime or poor credit ratings. When computing the total value of the ABX index, credit default swap contracts are used. The index is constructed of 20 bonds that are each constituted of a group of subprime mortgages. Financial institutions can use...
New Nationwide Survey Exposes Stimulus Myth
RALEIGH, NC (Finance Reference Data Insights) -- A new, nationwide study of United States adults casts doubts on the potential effectiveness of the new stimulus bills considered by Congress and the new administration. When asked how they would spend the stimulus, Americans buy and large said they would sit on the money, so to speak, rather than use it...