DefinitionAn offering memorandum or offering circular is a type of prospectus for a bond or other security. Sometimes, this is also referred to as a prospectus, offering memorandum, or short

DefinitionMacromarketing is an interdisciplinary field that studies marketing and how societies make business decisions. It focuses on overall consumer behavior, market regulation, and socia

Santiago Stock Exchange (SSE) .SN What is 'Santiago Stock Exchange (SSE) .SN' Located in Santiago, the SGO is the premier stock exchange of Chile. It trades stocks, bonds, investment funds

Back-to-Back Commitment What is 'Back-to-Back Commitment' A commitment to make a second take-out loan that piggybacks another loan. With a back-to-back commitment, once the terms of the fi

Canary Call What is 'Canary Call' A step-up bond that cannot be called after completing its first-step period. The issuer of the bond reserves the option to call back the bond until the fi

DefinitionThe Paris Club is a group of officials from major creditor countries whose role is to find coordinated and sustainable solutions to the payment difficulties experienced by debtor c

Family Of Funds What is 'Family Of Funds' A group of mutual funds offered by one investment or fund company. Generally, the constituent funds cover a wide range of fund categories and inve

Fair Trade Price What is 'Fair Trade Price' Fair trade price is the minimum price paid for certain agricultural products imported from developing countries. Fair trade is a movement that b

Fair Trade Investing What is 'Fair Trade Investing' Investing in companies or projects that promote fair trade with producers in developing nations. Basic fair trade philosophies call for

Gap Amount What is 'Gap Amount' Insurance will only cover a certain amount of coverage if leased items are stolen or totaled. There is often a difference between the amount the insurance c