Tag: power
Federal Energy Regulatory Commission (FERC)
What is 'Federal Energy Regulatory Commission - FERC' An independent agency responsible for regulating interstate oil and gas pipelines and sales, as...
War Exclusion Clause
What is 'War Exclusion Clause' A clause in an insurance policy that specifically excludes coverage for acts of war such as invasion,...
Day Trader
DefinitionA day trader is a trader who adheres to a trading style called day trading. This involves buying and subsequently selling financial instruments within...
Day Rate
What is 'Day Rate' The price/cost of a particular service for a day's period. In some markets it is referred to as...
Ultra Vires Acts
What is 'Ultra Vires Acts' Any act that lies beyond the authority of a corporation to perform. Ultra Vires acts fall outside...
Uncovered Interest Arbitrage
DefinitionUncovered interest arbitrage is an arbitrage trading strategy whereby an investor capitalizes on the interest rate differential between two countries. Unlike covered interest arbitrage,...
Inflation
Inflation is well defined as a sustained increase in the general level of prices for goods and services wherein the purchasing power falls. It...
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...
Law Of Large Numbers
DefinitionIn probability theory, the law of large numbers is a theorem that describes the result of performing the same experiment a large number of...
Lady Macbeth Strategy
What is 'Lady Macbeth Strategy' A corporate-takeover strategy with which a third party poses as a white knight to gain trust, but...