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Java

What is 'Java' Java is a programming language developed by Sun Microsystems. It is designed to have the ability to run across multiple operating systems...

Bailee

DefinitionBailment describes a legal relationship in common law where physical possession of personal property, or a chattel, is transferred from one person to another...

Equity

Simply put: Equity = Assets – Liabilities However, since there are a number of different types of assets, this definition cannot encompass them all...

Take or Pay

DefinitionA take-or-pay contract is a rule structuring negotiations between companies and their suppliers. With this kind of contract, the company either takes the product...

Short Position

DefinitionIn finance, a short sale is the sale of an asset that the seller does not own. The seller effects such a sale by...

Dealer

What is a 'Dealer' A dealer is a person or firm in the business of buying and selling securities for their own...

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...

Layoff

DefinitionA layoff is the temporary suspension or permanent termination of employment of an employee or, more commonly, a group of employees for business reasons,...

Ladder Option

What is 'Ladder Option' An option that locks-in gains once the underlying reaches predetermined price levels or "rungs," guaranteeing some profit even...

Earnings Allowance

What is 'Earnings Allowance' Calculation on the net funds available in a checking account and the credit amount can be used to...

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