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Laggard
What is 'Laggard' A stock or security that is underperforming. A laggard will have lower-than-average returns compared to the market. A laggard...
Earnest Money
DefinitionAn earnest payment is a specific form of security deposit made in some major transactions such as real estate dealings or required by some...
T+1 (T+2,T+3)
What is 'T+1 (T+2,T+3)' Abbreviations that refer to the settlement date of security transactions. The T stands for transaction date, which is...
MAD
What is 'MAD' In currencies, this is the abbreviation for the Moroccan Dirham. Explaining 'MAD' The currency market, also...
T-Account
What is a T-account
A T-account is a visual representation of the ledger of a business or individual. It is so named because it looks...
Occupational Labor Mobility
What is 'Occupational Labor Mobility' Refers to the ease with which workers can switch career fields to find gainful employment or meet...