Tag: kenya
Yield-Based Option
What is 'Yield-Based Option' A type of debt-instrument-based option that derives its value from the difference between the exercise price and the...
Abandonment Option
What is 'Abandonment Option' A clause granting parties the option of withdrawing from the contract before the fulfillment or completion of all...
Far Option
What is the Far Option and how can it benefit me
The Far Option is a long-term financial planning strategy that can help you to...
Wasting Trust
What is 'Wasting Trust' A trust that holds plan assets when a qualified plan is frozen. A "wasting trust" derives its name...
General Partner
DefinitionIn most countries, a general partnership is an association of persons or an unincorporated company with the following major features... General Partner What...
General Manager
Becoming a general manager is no easy task. It takes years of experience and hard work to even be considered for the job. But...
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...
KES (Kenyan Shilling)
What is 'KES' The currency abbreviation or currency symbol for the Kenyan shilling (KES), the currency for Kenya. The Kenyan shilling is...
S-3 Filing
What is an S-3 Filing
An S-3 filing is a SEC registration form that allows companies to issue securities that are not registered under the...