Tag: financial

PL Statement

Source: WikipediaLast Sourced: 2021-02-01This Article has been Edited for Accessibility Further Reading Financial ratios as a means of forecasting bankruptcy - www.jstor.org Testing...

Tail Risk

DefinitionTail risk is the additional risk of an asset or portfolio of assets moving more than 3 standard deviations from its current price, above...

Half-Life

What is 'Half-Life' Half-life represents a date in the future when half of the total principal of a mortgage-backed security (MBS) will...

Nakahara Prize

DefinitionThe Nakahara Prize is an annual award given by the Japanese Economic Association to Japanese economists under the age of 45 whose work has...

Zero Balance Account (ZBA)

What is a 'Zero Balance Account - ZBA' A zero balance account (ZBA) is a checking account in which a balance of...

GDP Gap

DefinitionThe GDP gap or the output gap is the difference between actual GDP or actual output and potential GDP. The calculation for the output...

PPP

Quick Facts The PPP is Purchasing Power Parity Purchasing power parity is used by macro-economic analysts to compare different countries' currencies through a...

Obligation Bond

What is 'Obligation Bond' A municipal bond used to secure a mortgage on property or other physical assets that can be liquidated....

R-Squared

What is 'R-Squared' R-squared is a statistical measure that represents the percentage of a fund or security's movements that can be explained...

Racketeering

DefinitionA racket is a planned or organized criminal act, usually in which the criminal act is a form of business or a way to...