What are emerging and growth-leading economies (EAGLE)
Emerging and growth-leading economies are those that are experiencing rapid economic growth. This can be due to a variety of factors, including a young and growing population, low labor costs, and access to...
What is 'T Distribution' A type of probability distribution that is theoretical and resembles a normal distribution. A T distribution differs from the normal distribution by its degrees of freedom. The higher the degrees of freedom, the...
What is 'A.M. Best' A.M. Best is a ratings agency focused on the worldwide insurance industry. Founded in New York City in 1899 by Alfred M. Best, the privately held company is headquartered in Oldwick, New Jersey....
What is 'NAD' In currencies, this is the abbreviation for the Namibia Dollar. Explaining 'NAD' The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with...
What is 'Ma And Pa Shop' A colloquial term for a small, independent, family-owned business. Unlike franchises and large corporations, which have multiple operations in various locations, ma and pa shops usually have a single location that...
What is 'Xenocurrency' A currency that trades in markets outside of its domestic borders. The term "xenocurrency" is derived from the prefix "xeno," which literally means foreign or strange. Explaining 'Xenocurrency' An example of...
What is 'Yard' A financial term meaning one billion. Yard is derived from the term "milliard" which is used in some European languages and is equivalent to the number one billion used in American English. It is...
What does a C note mean and where does the term come from
A C-note is a common slang term for a $100 bill. The origins of the term are unclear, but it is thought to come from the Roman...
What is the W-4 form and what is it used for
The W-4 form is a document that is used by employers to determine the amount of taxes that should be withheld from an employee's paycheck. The form is completed...
What is Qualified Acquisition Cost
Qualified Acquisition Cost (QAC) is a measure of the costs incurred by a company to acquire or develop new products or services. It includes all direct and indirect costs associated with the project, such as...