Unbiased Predictor
What is 'Unbiased Predictor' The notion that the current market price of a physical commodity (its cash price or currency) will be...
Real Estate Operating Company (REOC)
What is ‘Real Estate Operating Company – REOC' A company that invests in real estate and whose shares trade on a public exchange. A real...
Canadian Investor Protection Fund (CIPF)
What is 'Canadian Investor Protection Fund - CIPF' A Canadian not-for-profit organization set up by the investment industry designed to protect investors...
Quick Ratio
DefinitionIn finance, the acid-test or quick ratio or liquidity ratio measures the ability of a company to use its near cash or quick assets...
National Bank Surveillance System
DefinitionThe National Bank Surveillance System is a computerized, off-site monitoring system developed by the U.S. Office of the Comptroller of the Currency "to assist...
Earnings Before Tax (EBT Formula)
What is the formula for calculating EBT? Question: Which of the following formulas is NOT a formula used to calculate Earnings Before Tax (EBT)? EBT...
Karl Albrecht
DefinitionKarl Hans Albrecht was a German entrepreneur who founded the discount supermarket chain Aldi with his brother Theo. He was for many years the...
Weighted Average Cost Of Capital – WACC
DefinitionThe weighted average cost of capital is the rate that a company is expected to pay on average to all its security holders to...
Earnings Before Interest After Taxes (EBIAT)
What is 'Earnings Before Interest After Taxes - EBIAT' Earnings before interest after taxes (EBIAT) is a financial measure that is an indicator of a...
Uncovered Interest Rate Parity (UIP)
What is the 'Uncovered Interest Rate Parity - UIP' The uncovered interest rate parity (UIP) is a parity condition stating that the...