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Passive Foreign Investment Company (PFIC)
What is a 'Passive Foreign Investment Company - PFIC' A passive foreign investment company (PFIC) is a foreign-based corporation that exhibits either...
Reaganomics
Definition
Reaganomics is the term used to describe the economic policies advocated by former United States President Ronald Reagan throughout the 1980s. These policies are...
Diversification
Diversification is a technique that deals with risk management by mixing a wide range of investments in a single portfolio in hope that the...
Back-End Ratio
What is the 'Back-End Ratio'
An indicator of how much of a person's monthly income is dedicated to debt repayment is the back-end ratio, also...
Alpha
Source: WikipediaLast Sourced: 2021-02-01This Article has been Edited for AccessibilityAlpha Alpha /ˈælfə/ (uppercase .mw-parser-output .polytonic{font-family:"SBL BibLit","SBL Greek",Athena,"EB Garamond","EB Garamond 12","Foulis Greek","Garamond Libre",Cardo,"Gentium Plus",Gentium,Garamond,"Palatino Linotype","DejaVu...
Warrant
What is a 'Warrant' A warrant is a derivative that confers the right, but not the obligation, to buy or sell a security – normally...
Underwater Mortgage
Home Ownership by Country Underwater Mortgage Underwater mortgage is a mortgage loan whose balance is higher than the fair market value of the home....
Underlying Option Security
What is an underlying option security
An underlying option security is a security that can be used as collateral for options contracts. The most common...
Ultra ETF
What is 'Ultra ETF' A class of exchange-traded funds (ETF) that employs leverage in an effort to achieve double the return of...
Ultra Vires Acts
What is 'Ultra Vires Acts' Any act that lies beyond the authority of a corporation to perform. Ultra Vires acts fall outside...