Finance Reference

What is 'W.P. Carey School of Business' The school of business at Arizona State University. It enrolls approximately 7,800 undergraduate and 1,500...

What is an 'Obligation' An obligation in finance is the responsibility to meet the terms of a contract. If an obligation is...

What is the IMF Nonfuel Commodity Index The Index is a weighted average of a broad basket of nonfuel commodities. The index was first published...

What is 'X-Mark Signature' An X-mark made by a person in lieu of a signature. Due to illiteracy or disability, a person...

What is a DB(k) Plan A DB(k) plan is a type of retirement savings plan that is sponsored by an employer. The name "DB(k)" comes...

What is 'Baby Berkshire' Baby Berkshire refers to the 50:1 stock split after the market close on January 20th, 2010 by Berkshire...

What is 'Macro-Hedge' An investment technique used to eliminate the risk of a portfolio of assets. In most cases, this would mean...

What are baby boomers and what generation do they belong to A baby boomer is a person who was born between 1946 and 1964. So,...

What is 'XD' A symbol used to signify that a security is trading ex-dividend. XD is an alphabetic qualifier that acts as...

What is 'Valuation Mortality Table' A statistical chart that is used by insurance companies to calculate the statutory reserve and cash surrender...