Tag: business

Over-the-counter (OTC) refers to the process of how securities are traded for companies not listed on a formal exchange. Securities that are traded...

What is 'A-B Trust' A trust created by a married couple with the objective of minimizing estate taxes. An A-B trust is...

DefinitionForm W-9 is used in the United States income tax system by a third party who must file an information return with the Internal...

What is 'AC-DC Option' A derivative that gives an investor the right - but not the obligation - to buy (call) or...

What is 'Daily Chart' A line graph that displays the intraday movements of a given security. This contrasts to longer term charts,...

What is Qualified Acquisition Cost Qualified Acquisition Cost (QAC) is a measure of the costs incurred by a company to acquire or develop new products...

What is the W-4 form and what is it used for The W-4 form is a document that is used by employers to determine the...

What does a C note mean and where does the term come from A C-note is a common slang term for a $100 bill. The...

What is 'Yard' A financial term meaning one billion. Yard is derived from the term "milliard" which is used in some European...

What is 'Xenocurrency' A currency that trades in markets outside of its domestic borders. The term "xenocurrency" is derived from the prefix...