Tag: definition
Zero Balance Account (ZBA)
What is a 'Zero Balance Account - ZBA' A zero balance account (ZBA) is a checking account in which a balance of...
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...
R-Squared
What is 'R-Squared' R-squared is a statistical measure that represents the percentage of a fund or security's movements that can be explained...
Racketeering
DefinitionA racket is a planned or organized criminal act, usually in which the criminal act is a form of business or a way to...
Objective Probability
What is 'Objective Probability' The probability that an event will occur based an analysis in which each measure is based on a...
Yankee Market
What is 'Yankee Market' A slang term for the stock market in the United States. Yankee market is usually used buy non-U.S....
Year-End Bonus
What is 'Year-End Bonus' A reward paid to an employee at the end of the year. Many year-end bonuses are tied to...
Paired Shares
What is 'Paired Shares' The stock of two separate companies that are under the management or supervision of a single corporation. Paired...
Macaulay Duration
What is The 'Macaulay Duration' The Macaulay duration is the weighted average term to maturity of the cash flows from a bond....
Tail Risk
DefinitionTail risk is the additional risk of an asset or portfolio of assets moving more than 3 standard deviations from its current price, above...