Tag: uncertainty
Yellow Knight
What is 'Yellow Knight' A company that was once making a takeover attempt but ends up discussing a merger with the target...
Rational Expectations Theory
DefinitionIn economics, "rational expectations" are model-consistent expectations, in that agents inside the model are assumed to "know the model" and on average take the...
Random Variable
What is a 'Random Variable' A random variable is a variable whose value is unknown or a function that assigns values to...
Safe Haven
What is a 'Safe Haven' A safe haven is an investment that is expected to retain its value or even increase its...
Variable Annuity
What is a Variable Annuity
A variable annuity is a type of investment that offers the potential for tax-deferred growth and a death benefit. With...
Wall Of Worry
What is 'Wall Of Worry' The financial markets' periodic tendency to surmount a host of negative factors and keep ascending. Wall of...
Takaful
DefinitionTakaful is a co-operative system of reimbursement or repayment in case of loss, organized as an Islamic or sharia compliant alternative to conventional insurance,...
Dayrate Volatility
What is 'Dayrate Volatility' The intraday unpredictability of an exchange rate (or price of a good or service), that changes due to...
Kenneth Arrow
DefinitionKenneth Joseph "Ken" Arrow was an American economist, mathematician, writer, and political theorist. He was the joint winner of the Nobel Memorial Prize in...
Lame Duck
What is a lame duck
A lame duck, in finance, is a firm or individual that is no longer able to make sound financial decisions....