Tag: global

Abu Dhabi Investment Authority (ADIA)

What is 'Abu Dhabi Investment Authority - ADIA' A government-owned investment organization that manages the sovereign wealth fund for Abu Dhabi, United...

Offshore Mutual Fund

What is 'Offshore Mutual Fund' A mutual fund that is based in an offshore jurisdiction, which is generally considered to be outside...

Earnings Credit Rate (ECR)

Earnings Credit Rate (ECR) What is 'Earnings Credit Rate - ECR' A daily calculation of interest paid on idle funds that reduce...

Japan ETFs

What is 'Japan ETFs' A type of exchange-traded fund that invests the majority of its assets in Japanese equities that trade on...

Marketing

Understanding the concept of marketing Marketing is a process through which companies communicate, promote, exchange and deliver offerings which have value for its target...

Pass-Through Certificate

DefinitionA pass-through certificates is an instrument that evidences the ownership of two or more equipment trust certificates. In other words, equipment trust certificates may...

Backing Away

What is 'Backing Away' Failure by a market maker in a security to honor the quoted bid and ask prices for a...

Last-Sale Reporting

What is 'Last-Sale Reporting' An electronic entry, to the Nasdaq stock market, of the amount and price of shares involved in a...
lead bank

Lead Bank

What is Lead Bank and how does it work A lead bank is a financial institution that acts as the coordinator for a syndicated loan....

Lakshmi Mittal

DefinitionLakshmi Niwas Mittal is an Indian steel magnate, based in the United Kingdom. He is the chairman and CEO of ArcelorMittal, the world's largest...

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