Tag: definition
Balance Sheet
DefinitionIn financial accounting, a balance sheet or statement of financial position is a summary of the financial balances of an individual or organization, whether...
Fair Value
DefinitionIn accounting and in most Schools of economic thought, fair value is a rational and unbiased estimate of the potential market price of a...
Assets
Any resource which has an economic value is termed as an asset. An asset is controlled by either an individual or an organization in...
Kurtosis
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...
Unamortized Bond Premium
What is 'Unamortized Bond Premium' The difference between the par-value or face-value of a bond and the price above this face value,...
Absolute Return Index
What is 'Absolute Return Index' A stock index designed to measure absolute returns. The absolute return index is actually a composite index...
Magic Formula Investing
DefinitionMagic formula investing is a term referring to an investment technique outlined by Joel Greenblatt that uses the principles of value investing. Magic Formula...
Above Full-Employment Equilibrium
What is 'Above Full-Employment Equilibrium' A macroeconomic term used to describe the real gross domestic product (GDP) is currently in excess of...
Manufacturing Resource Planning (MRP II)
What is 'Manufacturing Resource Planning - MRP II' Manufacturing Resource Planning (MRP II) is an integrated information system used by businesses. Manufacturing...
Management Tenure
What is 'Management Tenure' The length of time that a manager(s) has been at the helm of a mutual fund. A long-term...