Tag: terms

Half Stock

What is 'Half Stock' Stock sold with a par value half of what is considered standard. Half stock can be either common...

K-Ratio

What is 'K-Ratio' A ratio that is used in the performance evaluation of an equity relative to its risk. The ratio examines...

OEX

What is 'OEX' The ticker symbol used to identify index options traded on the Standard & Poor's 100 index. OEX options are...

Wachovia Hybrid and Preferred Securities (WHPPSM) Indicies

What is 'Wachovia Hybrid and Preferred Securities (WHPPSM) Indicies' Market capitalization weighted indicies designed by Wachovia to measure the performance of the...

Z-Bond

What is 'Z-Bond' The final tranche in a series of mortgage-backed securities that is the last one to receive payment. Used in...

Z-Share

What is 'Z-Share' A class of mutual fund shares that employees of the fund's management company are allowed to own. Employees may...

Z-Score

What is a 'Z-Score' A Z-score is a numerical measurement of a value's relationship to the mean in a group of values....

Face Value

What is 'Face Value' Face value is the nominal value or dollar value of a security stated by the issuer. For stocks,...

K-Percent Rule

DefinitionFriedman's k-percent rule is the monetarist proposal that the money supply should be increased by the central bank by a constant percentage rate every...

JAJO

What is 'JAJO' An acronym that represents the months of January, April, July and October. Many companies that pay dividends announce their...

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