Tag: sold
Fat Finger Error
DefinitionA fat-finger error is a keyboard input error in the financial markets such as the stock market or foreign exchange market whereby an order...
Wash-Sale Rule
DefinitionA wash sale is a sale of a security at a loss and repurchase of the same or substantially identical security shortly before or...
Gas Guzzler Tax
What is the gas guzzler tax and how does it work
The gas guzzler tax is a fee levied on vehicles that have poor fuel...
Earnings Before Interest, Taxes, Depreciation, Depletion, Amortization and Exploration Expenses (EBITDAX)
What is 'Earnings Before Interest, Taxes, Depreciation, Depletion, Amortization and Exploration Expenses - EBITDAX' Earnings before interest, taxes, depreciation, depletion, amortization and...
Illiquid
What does 'Illiquid' mean
Illiquid refers to the state of a security or other asset that cannot easily be sold or exchanged for cash without...
Certificate of Deposit
DefinitionA certificate of deposit is a time deposit, a financial product commonly sold in the United States and elsewhere by banks, thrift institutions, and...
Liquidity
DefinitionIn business, economics or investment, market liquidity is a market's feature whereby an individual or firm can quickly purchase or sell an asset without...
Unamortized Bond Premium
What is 'Unamortized Bond Premium' The difference between the par-value or face-value of a bond and the price above this face value,...
Import
What is an 'Import' An import is a good or service brought into one country from another. The word "import" is derived...
Last In, First Out (LIFO)
What is Last In, First Out (LIFO)?
LIFO is an inventory accounting method in which the most recently acquired items are the first ones to...