Tag: economics

What is 'Undersubscribed' A situation in which the demand for an initial public offering of securities is less than the number of...

What is an 'Underlying Asset' An underlying asset is the security or commodity underlying a Derivative. The most common type of derivative is a futures...

DefinitionBankruptcy is a legal status of a person or other entity that cannot repay debts to creditors. In most jurisdictions, bankruptcy is imposed by...

When a company offers its stock to the public for the first time, it's called an initial public offering, or IPO. IPOs can be...

What is 'Underwater' An option that would be worthless if it expired today. An underwater option may be either a call or...

An uncovered option is a type of option contract that is not hedged by an opposite position in the underlying security. This leaves the...

DefinitionIn finance, unsecured debt refers to any type of debt or general obligation that is not protected by a guarantor, or collateralized by a...

DefinitionKenneth Joseph "Ken" Arrow was an American economist, mathematician, writer, and political theorist. He was the joint winner of the Nobel Memorial Prize in...

What is 'Abandonment Value' The value of a project or asset if it were immediately liquidated or sold. The abandonment value of...

DefinitionIn statistics, a moving average is a calculation to analyze data points by creating series of averages of different subsets of the full data...