Tag: definition

What is 'DAX' A stock index that represents 30 of the largest and most liquid German companies that trade on the Frankfurt...

What is the 'EAFE Index' The EAFE Index is an index created by Morgan Stanley Capital International (MSCI) that serves as a...

What is 'Valuation Mortality Table' A statistical chart that is used by insurance companies to calculate the statutory reserve and cash surrender...

What is 'XD' A symbol used to signify that a security is trading ex-dividend. XD is an alphabetic qualifier that acts as...

What is 'Macro-Hedge' An investment technique used to eliminate the risk of a portfolio of assets. In most cases, this would mean...

What is 'X-Mark Signature' An X-mark made by a person in lieu of a signature. Due to illiteracy or disability, a person...

What is an 'Obligation' An obligation in finance is the responsibility to meet the terms of a contract. If an obligation is...

What is the 'GDP Price Deflator' GDP price deflator is an economic metric that accounts for inflation by converting output measured at...

What is 'Daily Average Revenue Trades - DARTs' A common metric used in the investment brokerage industry that represents the number of...

What is 'S&P Core Earnings' The Standard and Poor's revised version of the measurement of core earnings, which excludes any gains related...