Tag: 2021
Key Rate
What is a key rate and why is it important
A key rate is a specific interest rate that is closely watched by investors because...
Hard-Coded Stock
What is 'Hard-Coded Stock' This is a term that refers to a company's stock symbol or ticker symbol. Every security listed anywhere...
National Treatment
DefinitionNational treatment is a principle in international law vital to many treaty regimes. It essentially means treating foreigners and locals equally. Under national treatment,...
National Currency
What is 'National Currency' The currency or legal tender issued by a nation's central bank or monetary authority. The national currency of...
National Diamond
DefinitionMichael Porter's National Diamond framework resulted from a study of patterns of comparative advantage among industrialized nations. It works to integrate much of Porter's...
National Retail Federation (NRF)
What is the National Retail Federation (NRF)?
The National Retail Federation is the largest retail trade association in the world. Its membership comprises more than...
Over the Counter Trading
DefinitionOver-the-counter or off-exchange trading is done directly between two parties, without the supervision of an exchange. It is contrasted with exchange trading, which occurs...
Lapse
What is a 'Lapse' A lapse is the cessation of a privilege, right or policy due to time or inaction, so a...
Calendar Year Accounting Incurred Losses
What is 'Calendar Year Accounting Incurred Losses ' Calendar year accounting incurred losses is a term used in the insurance industry to...
Calendar Year
DefinitionGenerally speaking, a calendar year begins on the New Year's Day of the given calendar system and ends on the day before the following...