Tag: 2021
Calendar Year Experience
What is 'Calendar Year Experience' The underwriting result based on earned premiums and booked incurred losses for the same calendar-year accounting period....
Pale Recession
What is 'Pale Recession' A phrase used in May 2008 by former Federal Reserve Board Chairman Alan Greenspan to describe an economic...
Pari-Mutuel Revenues
What are pari-mutuel revenues and how are they generated
Pari-mutuel revenues are a type of betting where the total payouts are calculated based on the...
Fast Market
What is 'Fast Market' A condition that will be officially declared by a stock market exchange when the financial markets are experiencing...
Ultima
What is 'Ultima' The rate at which the vomma of an option will react to volatility in the underlying market. It is...
Offering
What is 'Offering' The issue or sale of a security by a company. It is often used in reference to an initial...
Libor
LIBOR stands for the London InterBank Offered Rate. It is also termed as ICE LIBOR these days because the Inter Continental Exchange or ICE...
Last Fiscal Year (LFY)
What is 'Last Fiscal Year - LFY' The most recent 12-month accounting period that a business uses when determining its annual financial...
League Table
DefinitionStandings or rankings are listings which compare sports teams or individuals, institutions, nations, companies, or other entities by ranking them in order of ability...
What is the Real Interest Rate in 2020?
How do you find the real rate? The real interest rate can be calculated by removing the inflation rate from the current nominal interest...