Tag: north

Kangaroos

DefinitionThe kangaroo is a marsupial from the family Macropodidae. In common use the term is used to describe the largest species from this family,...

Hard-To-Borrow List

What is a Hard-To-Borrow List A hard to borrow list is inventory utilized by brokerages to identify securities that are not available for borrowing for...

Yo-Yo

DefinitionA yo-yo is a toy consisting of an axle connected to two disks, and a string looped around the axle. It has some similarities...

Immediate Credit

What is 'Immediate Credit' The Federal Reserve practice of "clearing" checks deposited by member banks on the same day they're deposited. This...

Qualified Disclaimer

What is 'Qualified Disclaimer' A refusal to accept property that meets with provisions set forth in the Internal Revenue Code Tax Reform...

Financial Security

The term security in common usage denotes safety; however in financial parlance the term is taken to refer to a tradable financial asset. In fact this...

Farmout

What is 'Farmout' Farmout is the assignment of part or all of an oil, natural gas or mineral interest to a third...

Tax Credit

DefinitionA tax credit is a tax incentive which allows certain taxpayers to subtract the amount of the credit they have accrued from the total...

Unconventional Oil

DefinitionUnconventional oil is petroleum produced or extracted using techniques other than the conventional method. Oil industries and governments across the globe are investing in...

Unauthorized Investment

What is 'Unauthorized Investment' Any investment that has not been specifically authorized by a legal trust. Unauthorized investments can technically meet statutory...

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