Tag: economics
Yankee CD
What is 'Yankee CD' A certificate of deposit (CD) that is issued in the United States by a branch or agency of...
Zakat
What is 'Zakat' A term used in Islamic finance to refer to the obligation that an individual has to donate a certain...
M
What is 'M' The fifth letter of a Nasdaq stock symbol that specifies the issue is the firm's fourth class of preferred...
OHLC Chart
Definition
An open-high-low-close chart is a type of chart typically used to illustrate movements in the price of a financial instrument over time. Each vertical...
What Is Planned Obsolescence
DefinitionIn economics and industrial design, planned obsolescence is a policy of planning or designing a product with an artificially limited useful life, so that...
Validation Period
What is 'Validation Period' The amount of time necessary for the premium on an insurance policy to cover the commissions, the cost...
Gambling Loss
What is 'Gambling Loss' A loss resulting from games of chance or wagers on events with uncertain outcomes (gambling). These losses can...
S&P 600
DefinitionThe S&P SmallCap 600 Index, more commonly known as the S&P 600, is a stock market index from Standard & Poor's. It covers roughly...