Tag: finance

What is 'Oil Services Industry ETF' A sector exchange-traded fund (ETF) that invests in companies engaged in providing services such as drilling...

DefinitionAn "oil field" or "oilfield" is a region with an abundance of oil wells extracting petroleum from below ground. Because the oil reservoirs typically...

What is an Omnibus Account An Omnibus account is a single account that is used to hold securities for multiple clients. The account is maintained...

DefinitionMargin Call is a 2011 American drama film written and directed by J. C. Chandor. The principal story takes place over a 24-hour period...

What is 'Offshore Portfolio Investment Strategy - OPIS' A tax shelter product designed to create large, seemingly real losses to be used...

DefinitionMark-to-market or fair value accounting refers to accounting for the "fair value" of an asset or liability based on the current market price, or...

What is 'Main Home' A term used by the Internal Revenue Service (IRS) to define the home a taxpayer has lived in...

DefinitionIn management accounting or managerial accounting, managers use the provisions of accounting information in order to better inform themselves before they decide matters within...

Home Ownership by Country Mandatory Mortgage Lock What is 'Mandatory Mortgage Lock' The sale of a mortgage in the secondary mortgage market...

What is 'Manufactured Payment' A payment made to pass through dividend and interest payments from the borrower to the lender of those...