Tag: august

Vault Receipt

What is 'Vault Receipt' A document frequently used as a delivery instrument to indicate ownership of precious metals stored in a bank,...

Vance D. Coffman

DefinitionVance D. Coffman was the chairman of the board and chief executive officer of Lockheed Martin Corporation. He was elected to the board of...

Market Sentiment

DefinitionMarket sentiment is the general prevailing attitude of investors as to anticipated price development in a market. This attitude is the accumulation of a...

Wassily Leontief

DefinitionWassily Wassilyevich Leontief, was a Russian-American economist known for his research on input-output analysis and how changes in one economic sector may affect other...
recession

Recession

What is a recession and how does it affect the average person A recession is a period of economic decline in which trade and investment...

Tax Advisor

DefinitionA tax advisor or tax consultant is a person with advanced training and knowledge of tax law. The services of a tax advisor are...

Targeted-Distribution Fund

What is 'Targeted-Distribution Fund' A mutual fund that focuses on the distribution of income and capital gains to fund holders. These funds...

Unchanged

What is 'Unchanged' A situation in which the price or rate of a security does not change between two periods. This can...

Undated Issue

What is 'Undated Issue' A government bond that has no maturity date, and pays interest in perpetuity. While the government can redeem...

Jobless Recovery

DefinitionA jobless recovery or jobless growth is an economic phenomenon in which a macroeconomy experiences growth while maintaining or decreasing its level of employment....

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