What is 'Qualification Ratio' Ratio of debt to income and housing expense to income that is used by mortgage lenders to determine a borrower's credit-worthiness for certain loan amounts. Generally, a borrower's debt-to-income ratio, which includes housing...
What is ‘Zaraba method'
Zaraba method is a method of matching orders that involves using an auction-like process to trade securities. The orders are organized by both their prices and the time that they were taken. As soon as an...
DefinitionIE Business School is a graduate school located in Madrid, Spain. It was founded in 1973 under the name Instituto de Empresa and since 2009 is part of IE University. IE Business School runs MBA, Executive MBA, master's degree...
What is 'JAJO' An acronym that represents the months of January, April, July and October. Many companies that pay dividends announce their intentions to pay them – or declare a dividend payable on a certain date –...
RBC Consumer Attitudes And Spending By Household Index (RBC CASH Index) What is 'RBC Consumer Attitudes And Spending By Household Index - RBC CASH Index ' An index based on a monthly national survey of consumer...
DefinitionPac-Man, stylized as PAC-MAN, is an arcade game developed by Namco and first released in Japan as Puck Man in May 1980. It was created by Japanese video game designer Toru Iwatani. It was licensed for distribution in the...
DefinitionFriedman's k-percent rule is the monetarist proposal that the money supply should be increased by the central bank by a constant percentage rate every year, irrespective of business cycles. K-Percent Rule What is 'K-Percent Rule' A theory...
What is 'DAX' A stock index that represents 30 of the largest and most liquid German companies that trade on the Frankfurt Exchange. The prices used to calculate the DAX Index come through Xetra, an electronic trading...
What is a 'P-Test' A statistical method used to test one or more hypotheses within a population or a proportion within a population. When testing a hypothesis about a population proportion (p) within a large population (one...
What is 'Face Value' Face value is the nominal value or dollar value of a security stated by the issuer. For stocks, it is the original cost of the stock shown on the certificate. For bonds, it...