What is 'Quadruple Witching'
Quadruple witching refers to an expiration date that includes stock index futures, stock index options, stock options and single stock futures. While stock options contracts and index options expire on the third Friday of every month,...
What is 'ILS'
For the Israeli New Sheqel (ILS), sometimes known as the Israeli New Sheqel (ILS), the currency abbreviation or currency sign is ILS. In addition to being made up of 100 agorot, the New Sheqel is frequently represented...
DefinitionThe Dividend Aristocrats are S&P 500 index constituents that have increased their dividend payouts for 25 consecutive years or more. S&P 500 Dividend Aristocrats What is 'S&P 500 Dividend Aristocrats' Companies in the S&P 500 who have...
What is 'L-Shaped Recovery' A type of economic recession and recovery that resembles an "L" shape in charting. An L-shaped recovery represents the shape of the chart of certain economic measures, such as employment, GDP and industrial...
What is 'Half Commission Man' A half commission man is an individual who introduces clients to stock brokers or other market professionals in exchange for an agreed upon percentage of any commissions earned as a result of...
What is 'Baccalaureate Bond' A zero-coupon bond issued by certain states to assist families in saving for college tuition by means of added tax benefits. Baccalaureate bonds are offered by many states and are tax-free securities that...
How do you find the real rate? The real interest rate can be calculated by removing the inflation rate from the current nominal interest rate. The equation is extremely simple to calculate. You simply figure out the nominal interest...
What is 'Valoren Number' An identification number assigned to financial instruments in Switzerland. These numbers are similar to the CUSIP numbers that are used in Canada and the U.S. A typical valoren number is between six to...
What is 'KWD' The currency abbreviation or currency symbol for the Kuwaiti dinar (KWD), the currency of Kuwait. The dinar is made of 1000 fils, and it is often presented with the symbol (__). The dinar has...
What is 'Macro Manager' A boss or supervisor who lets employees do their jobs with minimal supervision. Macro managers are thought of by some employees as superiors who do not give them enough support or feedback to...