What is 'Validation Period' The amount of time necessary for the premium on an insurance policy to cover the commissions, the cost...
DefinitionIn economics and industrial design, planned obsolescence is a policy of planning or designing a product with an artificially limited useful life, so that...
DefinitionThe United States House Committee on Financial Services is the committee of the United States House of Representatives that oversees the entire financial services...
Definition
An open-high-low-close chart is a type of chart typically used to illustrate movements in the price of a financial instrument over time. Each vertical...
What is 'Mac Crawford' Former CEO, president and chairman of Nashville-based Caremark, a mail-order pharmaceutical and pharmacy benefits management company. In 1997,...
What is 'TAPO' An option in which the profit or loss to the investor is based not solely on the price of...
DefinitionA J curve is any of a variety of J-shaped diagrams where a curve initially falls, then steeply rises above the starting point. J-Curve...
What is 'KES' The currency abbreviation or currency symbol for the Kenyan shilling (KES), the currency for Kenya. The Kenyan shilling is...
What is 'Paid-Up Capital' Paid-up capital is the amount of money a company has received from shareholders in exchange for shares of...
What is a 'Z-Test' A z-test is a statistical test used to determine whether two population means are different when the variances...