Tag: finance
National Average Wage Index (NAWI)
What is 'National Average Wage Index - NAWI' An index calculated annually by the Social Security Administration (SSA) based on wages subject...
Abu Dhabi Investment Council (ADIC)
What is 'Abu Dhabi Investment Council - ADIC' A sovereign wealth fund owned by Abu Dhabi, the capital of the United Arab...
Investment
Investment refers to buying financial assets with the expectation of earning profit in the future. The underlying asset is purchased not for immediate consumption,...
Hedge Fund
DefinitionA hedge fund is an investment fund that pools capital from accredited individuals or institutional investors and invests in a variety of assets, often...
Key Money
DefinitionKey money is one of several forms of payment made to a landlord. The term has various meanings in different parts of the world....
Backup Withholding
What is 'Backup Withholding'
Backup withholding is the tax that is levied on investment income, at an established tax rate, as the investor withdraws it....
Absolute Return Index
What is 'Absolute Return Index' A stock index designed to measure absolute returns. The absolute return index is actually a composite index...
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...
Same-Day Funds
What are same-day funds and what do they mean for businesses
When a business owner hears the term "same-day funds," they may think it refers...
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...