CAMELS Rating System
What is the 'CAMELS Rating System' The CAMELS rating system is a recognized international rating system that bank supervisory authorities use in...
Gambling Loss
What is 'Gambling Loss' A loss resulting from games of chance or wagers on events with uncertain outcomes (gambling). These losses can...
EBITDA To Fixed Charges
What is EBITDA and how is it calculated
EBITDA is an acronym that stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a...
Validation Period
What is 'Validation Period' The amount of time necessary for the premium on an insurance policy to cover the commissions, the cost...
What Is Planned Obsolescence
DefinitionIn economics and industrial design, planned obsolescence is a policy of planning or designing a product with an artificially limited useful life, so that...
U.S. House Financial Services Committee
DefinitionThe United States House Committee on Financial Services is the committee of the United States House of Representatives that oversees the entire financial services...
OHLC Chart
Definition
An open-high-low-close chart is a type of chart typically used to illustrate movements in the price of a financial instrument over time. Each vertical...
Mac Crawford
What is 'Mac Crawford' Former CEO, president and chairman of Nashville-based Caremark, a mail-order pharmaceutical and pharmacy benefits management company. In 1997,...
TAPO
What is 'TAPO' An option in which the profit or loss to the investor is based not solely on the price of...
J-Curve Effect
DefinitionA J curve is any of a variety of J-shaped diagrams where a curve initially falls, then steeply rises above the starting point. J-Curve...