Tag: flashcards
Law Of Supply
DefinitionThe law of supply is a fundamental principle of economic theory which states that, keeping other factors constant, an increase in price results in...
Lagged Reserves
Banks use lagged reserves to manage their liquidity and protect themselves from risks associated with deposit outflows. Lagged reserves are a critical tool for...
Earnings Before Interest & Tax (EBIT)
What is 'Earnings Before Interest & Tax - EBIT' An indicator of a company's profitability, calculated as revenue minus expenses, excluding tax...
Easement
What is 'Easement' Easement is a real estate concept that defines a scenario in which one party uses the property of another...
A-B Split
What is 'A-B Split' A method of testing the effectiveness of marketing methods or media. Using A-B split marketing, a list of...
T+1 (T+2,T+3)
What is 'T+1 (T+2,T+3)' Abbreviations that refer to the settlement date of security transactions. The T stands for transaction date, which is...
A-Credit
What is 'A-Credit' The highest credit grade available as assigned to a borrower by a lender. Lenders use a credit grading system...
Yard
What is 'Yard' A financial term meaning one billion. Yard is derived from the term "milliard" which is used in some European...
Back Charge
What is 'Back Charge' A billing made to collect an expense incurred in a previous billing period. A back charge may be...
Face Value
What is 'Face Value' Face value is the nominal value or dollar value of a security stated by the issuer. For stocks,...