What is 'J. Harold Chandler' The current COO of Univers Workplace Benefits and a former president, CEO and chairman of disability insurance provider Unum Provident. In 1993, Chandler became president and CEO of Provident Life and Accident...
What is 'OEX' The ticker symbol used to identify index options traded on the Standard & Poor's 100 index. OEX options are listed with a letter code indicating the month code for puts and calls, and a...
What is the 'W-2 Form'
The W-2 form is the form that an employer must send to an employee and the Internal Revenue Service (IRS) at the end of the year. The W-2 form reports an employee's annual wages and...
What is 'K-Ratio' A ratio that is used in the performance evaluation of an equity relative to its risk. The ratio examines the consistency of an equity's return over time. The data for the ratio is derived...
What is a T-account
A T-account is a visual representation of the ledger of a business or individual. It is so named because it looks like the letter T when drawn on a page. The left side of the T-account...
What is 'Ragnar Frisch' A Norwegian economist and joint winner in 1969 of the very first Nobel Prize in Economics, along with Jan Tinbergen, for his research in econometrics. Ragnar Frisch's other areas of research included time...
What is C-Share and how does it work
C-share is a type of mutual fund that allows investors to share in the unrealized gains or losses of the portfolio. The fund's sponsor typically sets aside a certain percentage of the...
What is 'MAD' In currencies, this is the abbreviation for the Moroccan Dirham. Explaining 'MAD' The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with...
DefinitionIn economics, BRIC is a grouping acronym that refers to the countries of Brazil, Russia, India and China, which are all deemed to be at a similar stage of newly advanced economic development. It is typically rendered as "the...
What is 'Baby Bills' A hypothetical nickname for the smaller companies that would have been formed if Microsoft had been broken up for violation of antitrust rules in 2000. Baby Bills stood a real chance of having...