Tag: paper
Credit Default Swap
DefinitionA credit default swap is a financial swap agreement that the seller of the CDS will compensate the buyer in the event of a...
Kurtosis
DefinitionIn probability theory and statistics, kurtosis is a measure of the "tailedness" of the probability distribution of a real-valued random variable. In a similar...
Unbundled Life Insurance Policy
What is ‘Unbundled Life Insurance Policy'
An unbundled life insurance policy is a type of insurance policy and planned financial protection that offers money to...
Okun Gap
DefinitionIn economics, Okun's law is an empirically observed relationship between unemployment and losses in a country's production. The "gap version" states that for every...
John T. Dillon
DefinitionJohn T. Dillon, is the retired chairman and chief executive officer of International Paper. John T. Dillon What is 'John T. Dillon' ...
Japanese Housewives
What is 'Japanese Housewives' Japanese housewives, in the foreign exchange world, is a collective term for the legions of Japanese matriarchs who...
Job Market
What is the 'Job Market' The job market is the market in which employers search for employees and employees search for jobs....
Joint Liability
Joint and Several Liability in Business
In most common law legal systems, two or more people can be jointly liable for a single liability. Joint...
Unbiased Predictor
What is 'Unbiased Predictor' The notion that the current market price of a physical commodity (its cash price or currency) will be...
Uncovered Interest Rate Parity (UIP)
What is the 'Uncovered Interest Rate Parity - UIP' The uncovered interest rate parity (UIP) is a parity condition stating that the...