Tag: january
Calendar Effect
DefinitionA calendar effect is any market anomaly or economic effect which appears to be related to the calendar. Such effects include the apparently different...
Value-Added Tax (VAT)
What is a 'Value-Added Tax - VAT' A value-added tax (VAT) is a type of consumption tax that is placed on a...
Federal Employee Retirement System (FERS)
What is 'Federal Employee Retirement System - FERS' A system that became effective in 1987 and replaced the Civil Service Retirement System...
Fat Cat
What is 'Fat Cat' A slang word used to describe executives who earn what many believe to be unreasonably high salaries and...
Weak Form Efficiency
What is Weak Form Efficiency
In finance, weak form efficiency is the idea that prices reflect all information that is publicly available. In other words,...
General Agreement On Tariffs And Trade (GATT)
DefinitionGeneral Agreement on Tariffs and Trade was a legal agreement between many countries, whose overall purpose was to promote international trade by reducing or...
Tax Advisor
DefinitionA tax advisor or tax consultant is a person with advanced training and knowledge of tax law. The services of a tax advisor are...
Target Cash Balance
What is 'Target Cash Balance' The ideal amount of cash that a company wishes to hold in reserve at any given point...
Unamortized Bond Premium
What is 'Unamortized Bond Premium' The difference between the par-value or face-value of a bond and the price above this face value,...
January Barometer
DefinitionThe January barometer is the hypothesis that stock market performance in January predicts its performance for the rest of the year. So if the...