DefinitionA pass-through certificates is an instrument that evidences the ownership of two or more equipment trust certificates. In other words, equipment trust certificates may...
What is 'Ladder Option' An option that locks-in gains once the underlying reaches predetermined price levels or "rungs," guaranteeing some profit even...
What is 'Economic Blight' The visible and physical decline of a property, neighborhood or city due to a combination of economic downturns,...
Source: WikipediaLast Sourced: 2021-02-01This Article has been Edited for Accessibility Further Reading Event studies in economics and financewww.jstor.org ECONOMISTS are frequently asked to...