Tag: money

DefinitionUncovered interest arbitrage is an arbitrage trading strategy whereby an investor capitalizes on the interest rate differential between two countries. Unlike covered interest arbitrage,...

What is 'U.S. League Of Savings Institutions' A now-defunct nationwide organization of savings institutions. The U.S. League of Savings Institutions was created...

What is 'Target Cash Balance' The ideal amount of cash that a company wishes to hold in reserve at any given point...

What is 'Know Your Client - KYC' The Know Your Client form is a standard form in the investment industry that ensures...

What is 'Abandonment Value' The value of a project or asset if it were immediately liquidated or sold. The abandonment value of...

DefinitionA credit card is a payment card issued to users to enable the cardholder to pay a merchant for goods and services based on...

What does 'Underlying' mean Underlying, in equities, is the common stock that must be delivered when a warrant is exercised, or when a convertible bond...

DefinitionA mortgage loan or, simply, mortgage is used either by purchasers of real property to raise funds to buy real estate, or alternatively by...

What is a 'Sale' A sale is a transaction between two parties where the buyer receives goods (tangible or intangible), services and/or...

Inflation is well defined as a sustained increase in the general level of prices for goods and services wherein the purchasing power falls. It...