Tag: banking
Nationalization
DefinitionNationalization is the process of transforming private assets into public assets by bringing them under the public ownership of a national government or state....
Ladder Option
What is 'Ladder Option' An option that locks-in gains once the underlying reaches predetermined price levels or "rungs," guaranteeing some profit even...
eCash
DefinitionEcash was conceived by David Chaum as an anonymous cryptographic electronic money or electronic cash system in 1983. It was realized through his corporation...
Economies of Scale
In microeconomics, economies of scale are the cost advantages that enterprises obtain due to their scale of operation, with cost per unit of output...
Federal Funds
What are 'Federal Funds' Federal funds, often referred to as fed funds, are excess reserves that commercial banks and other financial institutions...
X-Efficiency
What is 'X-Efficiency' X-efficiency is the degree of efficiency maintained by individuals and firms under conditions of imperfect competition. According to the...
FED Pass
What is 'FED Pass' An action taken by the Federal Reserve that looks to increase the availability of credit by moving additional...
Paid-Up
What is 'Paid-Up' The state of a settlement when all payment obligations for a security have been completed in a customer account....
C Corporation
What is a C Corporation
A C corporation is a business structure in which the company's shareholders own its assets and are liable for its...
PAB
What is 'PAB' In currencies, this is the abbreviation for the Panama Balboa. Explaining 'PAB' The currency market, also...