Tag: paper

Quid Pro Quo

What is 'Quid Pro Quo' A Latin phrase meaning "something for something". This term is typically used in financial circles to describe...

Variability

What is 'Variability' Variability is the extent to which data points in a statistical distribution or data set diverge from the average,...

Valuation Premium

What is 'Valuation Premium' The rate set by a life insurance company based on the value of the company's policy reserves. The...

Vendor Note

What is 'Vendor Note' A type of debt instrument used in a particular type of short-term loan agreement in which the seller...

Variable Rate Demand Note (VRDN)

What is 'Variable Rate Demand Note - VRDN' A debt instrument that represents borrowed funds that are payable on demand and accrue...

Fiat Money

DefinitionFiat money is a currency without intrinsic value that has been established as money, often by government regulation. Fiat money does not have use...

Walk-Through Test

DefinitionA walk-through test is a procedure under financial audit performed by auditors. Walk-Through Test What is a 'Walk-Through Test' A walk-through test...

Wealth Tax

DefinitionA wealth tax is a levy on the total value of personal assets, including: bank deposits, real estate, assets in insurance and pension plans,...

Weak Shorts

What is 'Weak Shorts' Traders or investors who hold a short position in a stock or other financial asset who will close...

Gate Provision

What is 'Gate Provision' A restriction placed on a hedge fund limiting the amount of withdrawals from the fund during a redemption...

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