Tag: growth
Baltic Dry Index
DefinitionThe Baltic Dry Index, is issued daily by the London-based Baltic Exchange. The BDI is a composite of the Capesize, Panamax and Supramax Timecharter...
Bad Check
What is 'Bad Check' A check drawn on a nonexistent account or on an account with insufficient funds to honor the check...
Back-Of-The-Envelope Calculation
What is 'Back-Of-The-Envelope Calculation' An informal mathematical computation, often performed on a scrap of paper such as an envelope. A back-of-the-envelope calculation...
Back Taxes
DefinitionBack taxes is a term for taxes that were not completely paid when due. Typically, these are taxes that are owed from a prior...
Bad Debt
What is bad debt and how does it affect your credit score
Most people are familiar with the term "bad debt." Generally, bad debt is...
Crony Capitalism
DefinitionCrony capitalism is an economy in which businesses thrive not as a result of risks they take, but rather as a return on money...
Call Rule
What is 'Call Rule' A exchange rule whereby the official bidding price for a cash commodity is competitively established at the end...
Calgary Dollar
DefinitionThe Calgary Dollar is a local currency in Calgary, Alberta, Canada. While functioning as a limited form of currency within Calgary, it is not...
Pale Recession
What is 'Pale Recession' A phrase used in May 2008 by former Federal Reserve Board Chairman Alan Greenspan to describe an economic...
Pass-Through Security
What is 'Pass-Through Security' A pass-through security is a pool of fixed-income securities backed by a package of assets. A servicing intermediary...