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CAGR – Compound Annual Growth Rate
The Compound Annual Growth Rate (CAGR) is a financial term that measures the annual rate of growth of an asset over a given time...
Z-Share
What is 'Z-Share' A class of mutual fund shares that employees of the fund's management company are allowed to own. Employees may...
S&P 500
DefinitionThe Standard & Poor's 500, often abbreviated as the S&P 500, or just the S&P, is an American stock market index based on the...
H-Shares
DefinitionH shares refer to the shares of companies incorporated in mainland China that are traded on the Hong Kong Stock Exchange. Many companies float...
ABA Bank Index
What is 'ABA Bank Index' A banking index that is made up of community banks and banking institutions. This index was created...
CAD
What is 'CAD' What currency is CAD? CAD is the currency abbreviation or currency symbol for the Canadian dollar (CAD). The Canadian...
Federal Funds Rate
Definition
According to the Federal Reserve, the federal funds rate refers to the interest rate at which depository institutions lend reserve balances to other depository...
Pacific Exchange (PCX)
What is 'Pacific Exchange - PCX' An exchange network that coordinates the trading of stock options between both institutional and individual investors....
Obsolete Inventory
What is 'Obsolete Inventory'
An obsolete inventory item is defined as inventory that has reached the end of its product life cycle and has not...
QSBS (Qualified Small Business Stock)
What is 'QSBS (Qualified Small Business Stock)' A qualified small business stock (QSBS) is simply the stock or share of a qualified...