Finance Reference

What is 'S&P Phenomenon' The tendency for a stock that has been recently added to the S&P composite index to experience a...

DefinitionThe Independence Party is a liberal-conservative and Eurosceptic political party in Iceland. It is currently the largest party in the Althing, with 16 seats....

What is 'Rafael Miranda Robredo' A former CEO of Spanish electricity company Endesa. Born in Spain in 1949, Roberdo worked for Tudor...

What is 'Daily Chart' A line graph that displays the intraday movements of a given security. This contrasts to longer term charts,...

What is 'AC-DC Option' A derivative that gives an investor the right - but not the obligation - to buy (call) or...

DefinitionForm W-9 is used in the United States income tax system by a third party who must file an information return with the Internal...

What is 'A-B Trust' A trust created by a married couple with the objective of minimizing estate taxes. An A-B trust is...

What is B-Share and how does it work B-share is a type of stock that is typically issued by foreign companies that are listed on...

Over-the-counter (OTC) refers to the process of how securities are traded for companies not listed on a formal exchange. Securities that are traded...

What is 'KSOP' A qualified retirement plan that combines an employee's stock ownership plan (ESOP) with a 401(k). Under this type of...