FED Pass
What is 'FED Pass' An action taken by the Federal Reserve that looks to increase the availability of credit by moving additional reserves into the banking system. The supply of loans is increased as more funds are injected into major banks, typically allowing lenders to originate more mortgages at lower interest rates. Explaining 'FED Pass'...
Taft-Hartley Act
What is 'Taft-Hartley Act' The Taft-Hartley Act is a federal law that was enacted in 1947 that prohibited certain union practices and required improvement in union disclosure of financial and political dealings. Explaining 'Taft-Hartley Act' The Taft-Hartley Act revised provisions of the Wagner Act, which was a law passed by Congress and signed by President...
Qstick Indicator
What is 'Qstick Indicator' A technical indicator developed by Tushar Chande to numerically identify trends in candlestick charting. It is calculated by taking an 'n' period moving average of the difference between the open and closing prices. A Qstick value greater than zero means that the majority of the last 'n' days have been up, indicating that...
Yankee Bond
What is a 'Yankee Bond' A Yankee bond is a bond issued by a foreign entity, such as a bank or company, but is issued and traded in the United States and denominated in U.S. dollars. Yankee bonds are governed by the Securities Act of 1933, which requires the bonds to be registered with the Securities and Exchange Commission (SEC)...
KMF (Comorian Franc)
What is the KMF currency symbol or abbreviation and what does it stand for The KMF currency symbol is the Franco, and it is abbreviated as CF. The KMF currency is used in the Comoros, and it is pegged to the Euro at a rate of 491.9688Francs to 1 Euro. The KMF currency was introduced in 1975, and it replaced...
JOD (Jordanian Dinar)
What is 'JOD' The currency abbreviation or currency symbol for the Jordanian Dinar (JOD), the currency for Jordan. The dinar is made up of 10 dirham, 100 qirsh or 1000 fils and has no official symbol, but is often presented with the informal notation (JD). The dinar is also circulated on Israel's West Bank. Explaining...
Babcock Graduate School of Management
DefinitionThe Wake Forest University School of Business was formerly the Babcock Graduate School of Management and the Calloway School of Business and Accountancy. Established in 1969, the Babcock School admitted its first classes of full-time and executive students in 1971 and presented its first graduating class in 1973. The Babcock School was established with a gift from the Mary...
Jackpot
What is 'Jackpot' A jackpot is the top prize in a game of chance; jackpots can be anything, including money, cars and houses. In terms of investing, a jackpot also occurs when an investor reaps a sudden windfall from a previous investment. Two commons ways an investor gets a jackpot is when a company's stock soars through...
What are Fixed Interest Rates
What are Fixed Interest Rates There are several factors involved when you obtain a loan. For instance, when you look for a mortgage, considerations include the offer, property taxes, and HOA fees. The most important of these is the interest rate connected with the type of home loan you choose. There are a few ways this is presented...
G7 Bond
What is 'G7 Bond' A term used to refer to government bonds issued by a nation in the Group of Seven (G7). A G7 bond is considered relatively less risky than bonds issued by nations outside the G7. The G7 nations are Canada, France, Germany, Italy, Japan, the United Kingdom and the United States. All...