Tag: international

Modern Economic Derivatives

Modern economies often utilize a set of complex system of measurements. This is certainly true when it comes to the stock market and international...

Madeira Escudo

What is 'Madeira Escudo' The former currency of Madeira, an island off the coast of Portugal. The Madeira escudo was used as...

Macroeconomic Swap

What is 'Macroeconomic Swap' A type of derivative designed to help companies whose revenues are closely correlated with business cycles to reduce...

Macroeconomic Stabilization Fund (FEM)

What is 'Macroeconomic Stabilization Fund - FEM' A reserve fund established by the country of Venezuela. Also known as the "FEM," it...

Absolute Beneficiary

What is 'Absolute Beneficiary' A designation of a beneficiary that can not be changed without the written consent of that beneficiary. Also...

Absolute Advantage

DefinitionIn economics, the principle of absolute advantage refers to the ability of a party to produce a greater quantity of a good, product, or...

Accelerated Benefits

What is 'Accelerated Benefits' A clause in certain life insurance policies that enables the policy holder to receive the benefits before death....

Academy Of Financial Divorce Practitioners

What is 'Academy Of Financial Divorce Practitioners' An organization dedicated to the development of financial expertise with respect to divorce. The Academy...

Absolute Priority

What is an 'Absolute Priority' An absolute priority is a rule that stipulates the order of payment - creditors before shareholders -...

Absolute Rate

What is 'Absolute Rate' The fixed portion of an interest-rate swap, expressed as a percentage rather than as a premium or a...