Tag: america

Tangible Book Value Per Share (TBVPS)

What is a 'Tangible Book Value Per Share - TBVPS' A tangible book value per share (TBVPS) is a method of valuing...

Junk Bond

A non-investment grade or high yield bond is referred to as a junk bond. As the name suggests, these bonds have a credit rating...

Karl Albrecht

DefinitionKarl Hans Albrecht was a German entrepreneur who founded the discount supermarket chain Aldi with his brother Theo. He was for many years the...

Latin Baseball Futures

What is 'Latin Baseball Futures' A financial contract used to speculate on the potential of teenage baseball players from Latin America who...

Leads And Lags

DefinitionIn international finance, leads and lags refer to the expediting or delaying, respectively, of settlement of payments or receipts in a foreign exchange transaction...
economic collapse

Economic Collapse

What is an economic collapse and how can it happen An economic collapse is a situation in which the economy of a country experiences a...

C. Steven McMillan

DefinitionC. Steven McMillan is an American businessman. He served as Chief Executive Officer of the Sara Lee Corporation from 2000 to 2005. C. Steven...

Pacific Rim

What is 'Pacific Rim' The Pacific Rim is a geographic area surrounding the edges of the Pacific Ocean. The Pacific Rim covers...

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