Tag: local
Madrid SE CATS (MSE) .MC
Madrid SE CATS (MSE) .MC What is 'Madrid SE CATS (MSE) .MC ' The Computer Assisted Trading System (CATS) was developed...
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 Auction
What is 'Absolute Auction' A type of auction where the sale is awarded to the highest bidder. Absolute auctions do not have...
Abatement
What is 'Abatement' Abatement is a reduction in the level of taxation faced by an individual or company. Examples of an abatement...
Samurai Bond
DefinitionA samurai bond is a yen-denominated bond issued in Tokyo by non-Japanese companies, and is subject to Japanese regulations. These bonds provide the issuer...
Sales Tax
What is sales tax and why do we have it
Sales tax is a tax levied on the sale of goods and services. The tax...
Bagel Land
What is 'Bagel Land' A slang term that represents a stock or other security that is approaching $0 in price. Arriving in...
Calgary Dollar
DefinitionThe Calgary Dollar is a local currency in Calgary, Alberta, Canada. While functioning as a limited form of currency within Calgary, it is not...
Partially Convertible Debenture (PCD)
What is 'Partially Convertible Debenture - PCD' A type of convertible debenture, part of which will be redeemed by the issuing company...
Participating Policy
DefinitionA with-profits policy or participating policy is an insurance contract that participates in the profits of a life insurance company. The company is often...