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22 Results for Tag: 2021

Key Rate

Key Rate What is 'Key Rate' The specific interest rate that determines bank lending rates and the cost of credit for borrowers. The two key interest rates in the United States are the disc

Hard-Coded Stock

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 on the globe has a unique symbol for the

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, if a sta

National Currency

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 a nation is usually the predomi

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 previous

National Retail Federation (NRF)

National Retail Federation (NRF) What is 'National Retail Federation - NRF' A retail trade association with members from all phases of retail suppliers. Members include department stores,

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 via exch

Lapse

Lapse What is a 'Lapse' A lapse is the cessation of a privilege, right or policy due to time or inaction, so a lapse of a privilege due to inaction occurs when the party that is to receive

Calendar Year Accounting Incurred Losses

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 describe t

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 New Year's Day, and thus consists of a whole
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