M0
What is 'M0' M0 is a measure of the money supply which combines any liquid or cash assets held within a central bank and the amount of physical currency circulating in the economy. In the United Kingdom, the M0 supply is also referred to as narrow money. Explaining 'M0' M0 (M-zero) is the most...
M1 – Money Supply
The money supply has different components and M1 is the measure of the component that includes the physical money held by public. It is the asset individuals or businesses can directly use for investment or for making payments of any kind. M1 includes coins, currency, NOW, checking amounts, and assets that can be quickly converted into physical money. It...
Tag-Along Rights
What are 'Tag-Along Rights' Tag-along rights, also referred to as "co-sale rights," are contractual obligations used to protect a minority shareholder, usually in a venture capital deal. If a majority shareholder sells his take, it gives the minority shareholder the right to join the transaction and sell his minority stake in the company. Tag-alongs effectively oblige the...
M2
M2 is defined as a “measure of money supply that includes checking deposits (M1) cash as well as (what is colloquially referred to as) near money”. Near Money “Near money" in the case of M2 includes mutual funds available in the money markets, also savings deposits and other types of time deposits, which are less liquid than cash and as such are not suitable as...
M3
What is 'M3' M3 is a measure of the money supply that includes M2 as well as large time deposits, institutional money market funds, short-term repurchase agreements and other larger liquid assets. The M3 measurement includes assets that are less liquid than other components of the money supply and are referred to as "near, near money," which...
Tailgating
DefinitionTailgating is when a driver drives behind another vehicle while not leaving sufficient distance to stop without causing a collision if the vehicle in front stops suddenly. Tailgating What is 'Tailgating' Tailgating is when a broker, financial advisor or other sort of investing agent buys or sells a security for a client, and then proceeds to make...
E-Mini
What is the E-Mini and how does it work The E-Mini is a stock market index futures contract that tracks the value of the S&P 500 Index. It is one of the most popular futures contracts in the world, and its high liquidity makes it an attractive choice for traders. The E-Mini is traded on the Chicago Mercantile Exchange (CME),...
AARP
What is AARP and what do they offer The American Association of Retired Persons, or AARP, is a nonprofit organization that provides benefits and discounts to its members. The organization was founded in 1958 by Ethel Percy Andrus, a retired high school principal, and Leonard Davis, a businessman. AARP offers members a wide range of benefits, including discounts on travel,...
VA Loan
DefinitionA VA loan is a mortgage loan in the United States guaranteed by the United States Department of Veterans Affairs. The program is for American veterans, military members currently serving in the U.S. military, reservists and select surviving spouses and can be used to purchase single-family homes, condominiums, multi-unit properties, manufactured homes and new construction. The VA does not...
A-B Split
What is 'A-B Split' A method of testing the effectiveness of marketing methods or media. Using A-B split marketing, a list of target names is split into two groups on a random basis, with one group designated as a control group and the other as a test group. The objective of the A-B split is to determine...