Tag: business

What is 'Macro Accounting' Accounting for the total or aggregate economic activities of a nation. Macro accounting forms the basis for the...

What is 'Naked Position' A securities position that is not hedged from market risk. Both the potential gain and the potential risk...

What is 'Z-Bond' The final tranche in a series of mortgage-backed securities that is the last one to receive payment. Used in...

What is 'Gadfly' Gadfly is a term for an investor who attends the annual shareholders meeting to criticize the corporation's executives. Named...

The Compound Annual Growth Rate (CAGR) is a financial term that measures the annual rate of growth of an asset over a given time...

What is 'Half Stock' Stock sold with a par value half of what is considered standard. Half stock can be either common...

What is 'Z-Share' A class of mutual fund shares that employees of the fund's management company are allowed to own. Employees may...

What is 'Back Charge' A billing made to collect an expense incurred in a previous billing period. A back charge may be...

What is 'Baby Bills' A hypothetical nickname for the smaller companies that would have been formed if Microsoft had been broken up...

What is 'ABA Bank Index' A banking index that is made up of community banks and banking institutions. This index was created...