What is 'Rabbi Trust'
A rabbi trust is a type of trust that is typically used by employers to hold retirement benefits for their employees. The assets in the trust are held in the trust's name, but the beneficiaries of...
What is 'Occupational Labor Mobility' Refers to the ease with which workers can switch career fields to find gainful employment or meet labor needs. Higher levels of occupational labor mobility help to maintain strong employment and productivity...
What is 'S&P Core Earnings' The Standard and Poor's revised version of the measurement of core earnings, which excludes any gains related to pension activities, net revenues from the sale of assets, impairment of goodwill charges, prior-year...
What is 'Daily Average Revenue Trades - DARTs' A common metric used in the investment brokerage industry that represents the number of trades from which a given broker can expect to generate revenue through commissions or fees...
What is the 'GDP Price Deflator' GDP price deflator is an economic metric that accounts for inflation by converting output measured at current prices into constant-dollar GDP. This specific deflator shows how much a change in the...
What is 'W.P. Carey School of Business' The school of business at Arizona State University. It enrolls approximately 7,800 undergraduate and 1,500 graduate-level students. The W.P. Carey School of Business offers undergraduate and graduate programs in a...
What is an 'Obligation' An obligation in finance is the responsibility to meet the terms of a contract. If an obligation is not met, the legal system often provides recourse for the injured party. Explaining 'Obligation'...
What is the IMF Nonfuel Commodity Index
The Index is a weighted average of a broad basket of nonfuel commodities. The index was first published in July 1964 and has been calculated monthly since January 1971. The inclusion of certain...
What is 'X-Mark Signature' An X-mark made by a person in lieu of a signature. Due to illiteracy or disability, a person may be unable to append a full signature to a document as attestation that he...
What is a DB(k) Plan
A DB(k) plan is a type of retirement savings plan that is sponsored by an employer. The name "DB(k)" comes from the fact that the plan is a combination of a traditional defined benefit (DB)...