What is 'Call Loan' A loan provided to a brokerage firm and used to finance margin accounts. The interest rate on a...
What is 'Same Property Rule' A regulation relating to IRA rollovers stipulating that whenever a financial asset is withdrawn from a retirement...
What is 'Korea Stock Exchange (KSC) .KS' The Stock Market Division of Korea Exchange, formerly an independent South Korean exchange, was established...
What is 'Reaction' A reversal in the movement of a security's price. Reaction is most often associated with a downward movement in...
What are 'Federal Funds' Federal funds, often referred to as fed funds, are excess reserves that commercial banks and other financial institutions...
DefinitionA debt income ratio is the percentage of a consumer's monthly gross income that goes toward paying debts. There are two main kinds of...
What is 'Kiwi Bond' Retail stock offered directly to the public and available only to New Zealand residents. Application forms and investment...
What is a 'Takeover' A takeover occurs when an acquiring company makes a bid in an effort to assume control of a...
DefinitionThe Community Chests in the United States and Canada were fund-raising organizations that collected money from local businesses and workers and distributed it to...
What is a 'Target Firm' A target firm is a company which is the subject of a merger or acquisition attempt. A...