What is 'FASB 157' A Financial Accounting Standards Board (FASB) Statement that requires all publicly-traded companies in the U.S. to classify their assets based on the certainty with which fair values can be calculated. This statement created...
What is 'NAB Business Confidence Index' A key measure of business confidence in Australia, published monthly and quarterly by National Australia Bank. The NAB Business Confidence Index is a component of the bank's business survey, which covers...
What is 'KBW Bank Index' An economic index consisting of the stocks of 24 banking companies. This index serves as a benchmark of the banking sector. This index trades on the Philadelphia Stock Exchange, where it was...
What is 'Macro Risk' A type of political risk in which political actions in a host country can adversely affect all foreign operations. Macro risk can come about from events that may or may not be in...
What is 'E-Meeting' A meeting that takes place over an electronic medium rather than in the traditional face-to-face fashion. The most common form of an e-meeting is done through web-based software which allows individuals and groups from...
What is 'Jackson Hole Economic Symposium' An annual symposium sponsored by the Federal Reserve Bank of Kansas City since 1978, and held in Jackson Hole, Wyoming, since 1981. The symposium focuses on an important economic issue that...
What is the 'Occupancy Rate'
Occupancy rate refers to the ratio of rented or used space compared to the total amount of available space. Analysts use the phrase occupancy rates when discussing senior housing, hospitals, bed-and-breakfasts, hotels and rental units,...
What is 'G. Allen Andreas Jr.' The former president, chairman and CEO of agribusiness company Archer Daniels Midland (ADM). In the late 1990s he took over as CEO for his uncle, Dwayne Andreas. Andreas Jr. also served...
RSI stands for the Relative Strength Index. The Relative Strength Index was developed by J. Welles Wilder. It measures the change and speed of price movements between 0 and 100. Over 70 is usually considered "overbought" and under 30...
What is 'Yale School of Management - Yale SOM' Yale University's graduate business school. The school offers both MBA and Ph.D. level programs and is known for, among other things, its focus on finance and ethics. The...