Tag: means
Generic Securities
What are generic securities and why are they important
Generic securities are financial instruments that are not tied to a specific company or asset. Instead,...
Geometric Mean
DefinitionIn mathematics, the geometric mean is a mean or average, which indicates the central tendency or typical value of a set of numbers by...
Correlation
Financial Correlation basically measures the relationship between the changes occurring in two or more variables at the same time. Correlation plays a major role...
Taping Rule
What is 'Taping Rule' A rule created by the National Association of Securities Dealers (NASD) that requires that special supervisory procedures be...
Quality Control
What is 'Quality Control' Quality control is a process through which a business seeks to ensure that product quality is maintained or...
Unauthorized Insurer
There are a lot of risks associated with working with an unauthorized insurer. In fact, it's often a bad idea to do so. However,...
Ultimogeniture
What is ultimogeniture and how does it work
Ultimogeniture is the practice of leaving property to the youngest child. It contrasts with primogeniture, in which...
Bankruptcy
DefinitionBankruptcy is a legal status of a person or other entity that cannot repay debts to creditors. In most jurisdictions, bankruptcy is imposed by...
Unbanked
DefinitionThe unbanked are adults who do not have their own bank accounts. Along with the underbanked, they may rely on alternative financial services for...
Uncommitted Facility
What is 'Uncommitted Facility' An uncommitted facility is an agreement between a lender and a borrower where the lender agrees to make...