Tag: definition

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...

Okun Gap

DefinitionIn economics, Okun's law is an empirically observed relationship between unemployment and losses in a country's production. The "gap version" states that for every...

Taiwan Stock Exhange Corporation (TSEC) Weighted Index

What is 'Taiwan Stock Exhange Corporation (TSEC) Weighted Index' A stock market index comprised of companies traded on the Taiwan Stock Exchange...

Call Deposit Account

What is a 'Call Deposit Account' A call deposit account is a bank account for investment funds that offers the advantages of both a savings...

Jobless Recovery

DefinitionA jobless recovery or jobless growth is an economic phenomenon in which a macroeconomy experiences growth while maintaining or decreasing its level of employment....

Backorder Costs

What is 'Backorder Costs' A cost incurred by a business when it is unable to fill an order and must complete it...

Callable Certificate Of Deposit

What is 'Callable Certificate Of Deposit' An FDIC insured certificate of deposit (CD) that contains a call feature similar to other types...