Tag: bank
Naked Option
What is a naked option
When most people think of options trading, they picture someone buying or selling a call or put option on an...
Xenocurrency
What is 'Xenocurrency' A currency that trades in markets outside of its domestic borders. The term "xenocurrency" is derived from the prefix...
Occupancy Fraud
What is 'Occupancy Fraud' A type of mortgage fraud, whereby the borrower lies about whether or not the home will be owner...
Back Charge
What is 'Back Charge' A billing made to collect an expense incurred in a previous billing period. A back charge may be...
BRIC
DefinitionIn economics, BRIC is a grouping acronym that refers to the countries of Brazil, Russia, India and China, which are all deemed to be...
C-Share
What is C-Share and how does it work
C-share is a type of mutual fund that allows investors to share in the unrealized gains or...
T-Account
What is a T-account
A T-account is a visual representation of the ledger of a business or individual. It is so named because it looks...
Z-Score
What is a 'Z-Score' A Z-score is a numerical measurement of a value's relationship to the mean in a group of values....
ABA Bank Index
What is 'ABA Bank Index' A banking index that is made up of community banks and banking institutions. This index was created...
Pacific Exchange (PCX)
What is 'Pacific Exchange - PCX' An exchange network that coordinates the trading of stock options between both institutional and individual investors....