Tag: money
Rabbi Trust
What is 'Rabbi Trust'
A rabbi trust is a type of trust that is typically used by employers to hold retirement benefits for their employees....
Daily Money Manger – DMM
What is 'Daily Money Manager - DMM' A person who takes over the day-to-day financial tasks for those who are unable to...
Face Value
What is 'Face Value' Face value is the nominal value or dollar value of a security stated by the issuer. For stocks,...
P-Test
What is a 'P-Test' A statistical method used to test one or more hypotheses within a population or a proportion within a...
K-Percent Rule
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...
SAFE Investment Company (China)
What is 'SAFE Investment Company (China)' The SAFE Investment Company is the Hong Kong branch of the Chinese sovereign wealth fund. The...
Jacob Schiff
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...
Vacation Home
What is 'Vacation Home' A dwelling other than the owner's primary residence that is used for recreational purposes, like vacations (hence the...
XD
What is 'XD' A symbol used to signify that a security is trading ex-dividend. XD is an alphabetic qualifier that acts as...
Baby Boomer
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,...