Tag: money

What is a 'P-Test' A statistical method used to test one or more hypotheses within a population or a proportion within a...

DefinitionFriedman's k-percent rule is the monetarist proposal that the money supply should be increased by the central bank by a constant percentage rate every...

What is 'SAFE Investment Company (China)' The SAFE Investment Company is the Hong Kong branch of the Chinese sovereign wealth fund. The...

DefinitionJacob Henry Schiff was a Jewish-American banker, businessman, and philanthropist. Among many other things, he helped finance the expansion of American railroads and the...

What is 'Vacation Home' A dwelling other than the owner's primary residence that is used for recreational purposes, like vacations (hence the...

What is 'XD' A symbol used to signify that a security is trading ex-dividend. XD is an alphabetic qualifier that acts as...

What are baby boomers and what generation do they belong to A baby boomer is a person who was born between 1946 and 1964. So,...

What is an 'Obligation' An obligation in finance is the responsibility to meet the terms of a contract. If an obligation is...

DTI is debt to income ratio Your debt to income ratio is an important part of your credit score calculation A low debt...

What is 'A-Note' The highest tranche of an asset backed security or other structured financial product. An A-note is senior to other...