Relative Strength Index (RSI) is a technical analysis tool that is used by investors to make investment decisions. Developed by J. Welles Wilder, RSI is a momentum oscillator that helps in determining the rate of change of prices. RSI...
What is 'XRT'
A notation on a ticker tape that is used to indicate that a security is trading on an ex-rights basis. When used in conjunction with a security that has just undergone a rights offering, the word is...
Capital expenditure, also known as capital expense (CAPEX) is defined as the expenses used by companies in acquiring assets for a long term, or making renovations or upgrades which will not be exhausted in a short while. For example,...
IESE Business School is one of the most prestigious and well-renowned business schools in the world. It has been ranked as the number one business school in Europe for five consecutive years by The Economist. In addition, IESE also...
Baby Boomer Age Wave Theory What is 'Baby Boomer Age Wave Theory ' An economic theory popularized by economist and writer Harry Dent, who concludes that the U.S. and other European markets will peak between 2008...
What are TARP bonuses and how do they work
TARP bonuses are payments made to executives of companies that have received financial assistance from the Troubled Asset Relief Program (TARP). These bonuses are intended to incentivize these executives to successfully...
What is 'Fabless Company' The Global Semiconductor Alliance defines fabless as follows: Explaining 'Fabless Company' The fabless model is an attractive and popular option for many semiconductor companies. By adopting a fabless business strategy, a...
What is 'Y-Share' A class of mutual fund shares that often has a high minimum investment, such as $500,000 per lot, and the added benefit of waived or limited load charges and fees. Due to the high...
What is 'ABC Agreement' An agreement made between a purchasing member with a seat on the NYSE and the firm in which he or she works. With the approval of the NYSE, this agreement stipulates that the...
What is 'Daily Factor' A decimal representing the portion of an annual yield earned in one day. Daily factors are often reported alongside current annualized yield figures, and can be translated back to the current yield by...