Tag: economic

Offshore Mutual Fund

What is 'Offshore Mutual Fund' A mutual fund that is based in an offshore jurisdiction, which is generally considered to be outside...

Offering

What is 'Offering' The issue or sale of a security by a company. It is often used in reference to an initial...

Offering Price

DefinitionAsk price, also called offer price, offer, asking price, or simply ask, is the price a seller states they will accept. Offering Price ...

Imputed Interest

What is an 'Imputed Interest' Imputed interest is used by the Internal Revenue Service (IRS) as a means of collecting tax revenues...

Kijun Line

What is 'Kijun Line' The mid-point between the highest high and lowest low of a particular security. The kijun line, also called...

Earnings Credit Rate (ECR)

Earnings Credit Rate (ECR) What is 'Earnings Credit Rate - ECR' A daily calculation of interest paid on idle funds that reduce...

Hard Inquiry

What is 'Hard Inquiry' A type of credit report check that may lower an individual's credit score. A hard inquiry occurs when...

Underlying Mortality Assumption

What is 'Underlying Mortality Assumption' Projections of expected death rates used by actuaries to estimate insurance premiums and pension obligations. Underlying mortality...

Oman Rial (OMR)

What is 'Oman Rial - OMR' The currency of Oman. The Omani rial is broken into smaller units, called baisa, and is...

Pass-Through Certificate

DefinitionA pass-through certificates is an instrument that evidences the ownership of two or more equipment trust certificates. In other words, equipment trust certificates may...