Tag: business

DefinitionJérôme Kerviel is a French trader who was convicted in the 2008 Société Générale trading loss for breach of trust, forgery and unauthorized use...

Who is James Crosby? James Crosby is a retired British banker who served as the chief executive of HBOS from 2000 to 2006. Born in...

What is 'John R. Coomber' The CEO of U.K.-based Pension Corporation, a company that helps defined-benefit pension funds manage risk, and a...

What is joint ownership of property Joint owned property refers to a situation in which two or more individuals own an asset together. There are...

What is 'Joint Bond' A bond that is guaranteed by a party other than the issuer. A joint bond is an issue...

An index is a statistical term that refers to changes in representative data points over a certain time period. The term can be applied...

What is 'Canadian Institute Of Chartered Accountants - CICA' A non-profit organization for accounting professionals in Canada. CICA has developed GAAP (generally...

DefinitionA hard money loan is a specific type of asset-based loan financing through which a borrower receives funds secured by real property. Hard money...

What is a 'Rally' A rally is a period of sustained increases in the prices of stocks, bonds or indexes. This type...

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