National Credit Union Administration (NCUA)
What is 'National Credit Union Administration - NCUA' An agency of the United States federal government that was created to monitor federal...
Naked Shorting
DefinitionIn finance, a short sale is the sale of an asset that the seller does not own. The seller effects such a sale by...
Insurance
Definition
Insurance is a means of protection from financial loss. It is a form of risk management, primarily used to hedge against the risk of...
Management Tenure
What is 'Management Tenure' The length of time that a manager(s) has been at the helm of a mutual fund. A long-term...
Manufacturing Resource Planning (MRP II)
What is 'Manufacturing Resource Planning - MRP II' Manufacturing Resource Planning (MRP II) is an integrated information system used by businesses. Manufacturing...
Above Full-Employment Equilibrium
What is 'Above Full-Employment Equilibrium' A macroeconomic term used to describe the real gross domestic product (GDP) is currently in excess of...
Same-Day Funds
What are same-day funds and what do they mean for businesses
When a business owner hears the term "same-day funds," they may think it refers...
Magic Formula Investing
DefinitionMagic formula investing is a term referring to an investment technique outlined by Joel Greenblatt that uses the principles of value investing. Magic Formula...
Absolute Return Index
What is 'Absolute Return Index' A stock index designed to measure absolute returns. The absolute return index is actually a composite index...
Backup Withholding
What is 'Backup Withholding'
Backup withholding is the tax that is levied on investment income, at an established tax rate, as the investor withdraws it....