Tag: economics
War Chest
DefinitionThe Community Chests in the United States and Canada were fund-raising organizations that collected money from local businesses and workers and distributed it to...
Takeover
What is a 'Takeover' A takeover occurs when an acquiring company makes a bid in an effort to assume control of a...
Kiwi Bond
What is 'Kiwi Bond' Retail stock offered directly to the public and available only to New Zealand residents. Application forms and investment...
Federal Funds
What are 'Federal Funds' Federal funds, often referred to as fed funds, are excess reserves that commercial banks and other financial institutions...
Reaction
What is 'Reaction' A reversal in the movement of a security's price. Reaction is most often associated with a downward movement in...
Facebook Credits
DefinitionFacebook Credits was a virtual currency that enabled people to purchase items in games and non-gaming applications on the Facebook Platform. One U.S. dollar...
Daily Trading Limit
What is 'Daily Trading Limit' The maximum gain or loss on a derivative contract, such as options and futures contracts, that is...
QQQQ
What was 'QQQQ'
QQQQ was the previous ticker symbol for the Nasdaq 100 Trust, an ETF that trades on the Nasdaq. This security offers broad...
AAAA Spot Contract
What is 'AAAA Spot Contract' A standardized contract drawn up by the American Association of Advertising Agencies that governs the purchase of...
C. Steven McMillan
DefinitionC. Steven McMillan is an American businessman. He served as Chief Executive Officer of the Sara Lee Corporation from 2000 to 2005. C. Steven...