Tag: definition

DefinitionIn probability theory and statistics, kurtosis is a measure of the "tailedness" of the probability distribution of a real-valued random variable. In a similar...

What is 'Unamortized Bond Premium' The difference between the par-value or face-value of a bond and the price above this face value,...

DefinitionIn finance, a short sale is the sale of an asset that the seller does not own. The seller effects such a sale by...

What is 'Value' The monetary, material or assessed worth of an asset, good or service. In accounting, value describes what something is...

What is a 'Gap' A gap is a break between prices on a chart that occurs when the price of a stock makes a sharp...

DefinitionOff-balance sheet, or Incognito Leverage, usually means an asset or debt or financing activity not on the company's balance sheet. Total return swaps are...

Investment refers to buying financial assets with the expectation of earning profit in the future. The underlying asset is purchased not for immediate consumption,...

DefinitionKey money is one of several forms of payment made to a landlord. The term has various meanings in different parts of the world....

What is 'Backup Withholding' Backup withholding is the tax that is levied on investment income, at an established tax rate, as the investor withdraws it....

What is 'Absolute Return Index' A stock index designed to measure absolute returns. The absolute return index is actually a composite index...