Tag: 2007
Office Of The Comptroller Of The Currency (OCC)
What is 'Office Of The Comptroller Of The Currency - OCC' A U.S. federal agency that serves to charter, regulate and supervise...
Oil Stabilization Fund (Iran)
What is 'Oil Stabilization Fund (Iran)' A government-controlled sovereign wealth fund managed for the government of Iran. The funds deposited with the...
Mancession
What is 'Mancession' An economic instance in which the unemployment rate is substantially higher among men than it is among women. The...
Backdating
DefinitionOptions backdating is the practice of altering the date a stock option was granted, to a usually earlier date at which the underlying stock...
Black Swan
Black Swan Events or happenings can be best described as unforeseen, rare, and out of control from normal circumstances, which occur beyond expectations and...
Bailout
What is a 'Bailout' A bailout is a situation in which a business, an individual or a government offers money to a...
Paper Millionaire
What is 'Paper Millionaire' An individual who has achieved a high net worth as a result of the large total market value...
Wal-Mart Effect
What is 'Wal-Mart Effect' The economic impact felt by local businesses when a large firm such as Wal-Mart opens a location in...
Great Recession
Definition
The Great Recession was a period of general economic decline observed in world markets during the late 2000s and early 2010s. The scale and...
UBS
What is 'UBS' A multinational diversified financial services company headquartered in Switzerland. UBS is involved in virtually all major financial activities, including...