Finance Reference

What is 'Ragnar Frisch' A Norwegian economist and joint winner in 1969 of the very first Nobel Prize in Economics, along with...

What is C-Share and how does it work C-share is a type of mutual fund that allows investors to share in the unrealized gains or...

What is 'MAD' In currencies, this is the abbreviation for the Moroccan Dirham. Explaining 'MAD' The currency market, also...

DefinitionIn economics, BRIC is a grouping acronym that refers to the countries of Brazil, Russia, India and China, which are all deemed to be...

What is 'Baby Bills' A hypothetical nickname for the smaller companies that would have been formed if Microsoft had been broken up...

What is 'Back Charge' A billing made to collect an expense incurred in a previous billing period. A back charge may be...

What is 'Half Stock' Stock sold with a par value half of what is considered standard. Half stock can be either common...

What is a 'Valuation Analysis' A form of fundamental analysis that looks to compare the valuation of one security to another, to...

What is 'IDC Deposits' IDC Deposits Corp. oversees the MMAX (Money Market Account Extra) program which provides depositors with an efficient way...

What is 'Baby Bond' Fixed income securities issued in small denominations, generally with a maximum face value of $5,000. The small denominations...