Tag: funds

What is 'Easement' Easement is a real estate concept that defines a scenario in which one party uses the property of another...

What is 'Eating Stock' The forced purchase of a security when there are insufficient buyers. Eating stock often applies to underwriters of...

What was 'QQQQ' QQQQ was the previous ticker symbol for the Nasdaq 100 Trust, an ETF that trades on the Nasdaq. This security offers broad...

What is a 'Target Firm' A target firm is a company which is the subject of a merger or acquisition attempt. A...

What are 'Federal Funds' Federal funds, often referred to as fed funds, are excess reserves that commercial banks and other financial institutions...

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

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

What is a 'Yankee Bond' A Yankee bond is a bond issued by a foreign entity, such as a bank or company, but is issued...

What is 'M3' M3 is a measure of the money supply that includes M2 as well as large time deposits, institutional money...

M2 is defined as a “measure of money supply that includes checking deposits (M1) cash as well as (what is colloquially referred to as) near money”. Near Money...