Tag: 2019
Underwater
What is 'Underwater' An option that would be worthless if it expired today. An underwater option may be either a call or...
U.S. League Of Savings Institutions
What is 'U.S. League Of Savings Institutions' A now-defunct nationwide organization of savings institutions. The U.S. League of Savings Institutions was created...
Unaudited Opinion
What is an unaudited opinion
An unaudited opinion is a statement from an auditor that expresses whether or not financial statements are free of material...
Umpire Clause
What is 'Umpire Clause' The language in an insurance policy that provides for a means of resolution by an unbiased third party...
Natural Gas Storage Indicator (EIA Report)
What is 'Natural Gas Storage Indicator - EIA Report' The U.S. Energy Information Administration (EIA) weekly estimate of working natural gas volumes...
Target Cash Balance
What is 'Target Cash Balance' The ideal amount of cash that a company wishes to hold in reserve at any given point...
Range
What is a 'Range' The difference between the low and high prices for a security or index over a specific time period....
Debt
Debt means anything that is either owed and/or due. The parties to any debt are referred to as lenders i.e. those who give, and borrowers or those who receive loan.
Usage
Debt is...
Ultima
What is 'Ultima' The rate at which the vomma of an option will react to volatility in the underlying market. It is...
National Average Wage Index (NAWI)
What is 'National Average Wage Index - NAWI' An index calculated annually by the Social Security Administration (SSA) based on wages subject...