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
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....