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Yankee Market

What is 'Yankee Market' A slang term for the stock market in the United States. Yankee market is usually used buy non-U.S....

Objective Probability

What is 'Objective Probability' The probability that an event will occur based an analysis in which each measure is based on a...

CAN SLIM

DefinitionCAN SLIM refers to the acronym developed by the American stock research and education company Investor's Business Daily. IBD claims CANSLIM represents the seven...

Yacht Insurance

Yacht Insurance What is 'Yacht Insurance ' An insurance policy that provides indemnity liability coverage on pleasure boats. Yacht insurance includes...

Racketeering

DefinitionA racket is a planned or organized criminal act, usually in which the criminal act is a form of business or a way to...

R-Squared

What is 'R-Squared' R-squared is a statistical measure that represents the percentage of a fund or security's movements that can be explained...

X-Efficiency

What is 'X-Efficiency' X-efficiency is the degree of efficiency maintained by individuals and firms under conditions of imperfect competition. According to the...

PPP

Quick Facts The PPP is Purchasing Power Parity Purchasing power parity is used by macro-economic analysts to compare different countries' currencies through a...

Zero Balance Account (ZBA)

What is a 'Zero Balance Account - ZBA' A zero balance account (ZBA) is a checking account in which a balance of...

Half-Life

What is 'Half-Life' Half-life represents a date in the future when half of the total principal of a mortgage-backed security (MBS) will...