DefinitionHard currency, safe-haven currency or strong currency is any globally traded currency that serves as a reliable and stable store of value. Factors contributing to a currency's hard

Hard-Coded Stock What is 'Hard-Coded Stock' This is a term that refers to a company's stock symbol or ticker symbol. Every security listed anywhere on the globe has a unique symbol for the

In Specie What does 'In Specie' mean In specie is a phrase describing the distribution of an asset in its present form, rather than selling it and distributing the cash proceeds. In specie

National Market System Plan (NMSP) What is 'National Market System Plan - NMSP' A nationwide system used in the United States for the selection and reservation of securities symbols, and a

Natural Guardian What is 'Natural Guardian' A child's parent. In divorce situations, the parent with custody is considered the natural guardian. The opposite of a natural guardian is an ap

Accelerated Payments What is 'Accelerated Payments' A term associated with making additional unscheduled payments on a loan at predetermined, or random intervals. Making additional unsched

DefinitionIn finance, the Sharpe ratio is a way to examine the performance of an investment by adjusting for its risk. The ratio measures the excess return per unit of deviation in an invest

Small Cap What is Small Cap? Small cap refers to companies with small market capitalization. The definition tends to change a lot, but it generally refers to companies that have a market cap

Sanku (Three Gaps) Pattern What is 'Sanku (Three Gaps) Pattern' The Japanese word for a candlestick pattern that consists of three individual gaps located within a well-defined trend. Afte

Savings Club What is 'Savings Club' A non-incorporated group that has opened some type of savings or other deposit account. The money in the account is the joint property of all club membe