W-Shaped Recovery
What is 'W-Shaped Recovery' An economic cycle of recession and recovery that resembles a "W" in charting. A W-shaped recovery represents the...
FICO Score
FICO score is one to the measures that are used by the lenders to assess the credit risk of an applicant, and then decide...
C Corporation
What is a C Corporation
A C corporation is a business structure in which the company's shareholders own its assets and are liable for its...
LAK (Lao Kip)
What is 'LAK' The currency abbreviation or currency symbol for the Lao kip (LAK), the currency of Laos. The kip is made...
B-Note
What is 'B-Note'
The secondary tranche in a commercial mortgage-backed security. B notes are a component of A/B financing or A/B/C financing. They have a...
Qatar Investment Authority (QIA)
What is 'Qatar Investment Authority - QIA' The Qatar Investment Authority (QIA) is a government-owned entity charged with managing the sovereign wealth...
FAANG Stocks
What is 'FAANG Stocks' FAANG is an acronym for the five most popular and best performing tech stocks in the market, namely...
U.S. Department of Housing and Urban Development (HUD)
What is HUD and what does it do
HUD is the U.S. Department of Housing and Urban Development, a Cabinet-level agency created in 1965 to...
S&P MidCap 400 Index
What is 'S&P MidCap 400 Index' This Standard & Poor's index serves as a barometer for the U.S. mid-cap equities sector and...
Package Deal
DefinitionPackage Deal is a Canadian television sitcom created by Andrew Orenstein about three brothers and the woman who comes between them. It debuted on...