G

What is 'G' A Nasdaq stock symbol specifying that it is the first preferred bond of the company. Explaining 'G' Nasdaq-listed securities have four or five characters. If a fifth letter appears, it identifies the issue as other than a single issue of common stock or capital stock. Further Reading An empirical comparison...

HARPEX Shipping Index (HARPEX Index)

What is 'HARPEX Shipping Index' The container ship index of ship brokers Harper Petersen & Co. The HARPEX Shipping Index tracks weekly container shipping rate changes in the time charter market for eight classes of all-container ships. The index was compiled in 2004, but by using a database of 10,000 records, can be calculated retrospectively back to 1986. Explaining 'HARPEX Shipping...

H

What is 'H' A Nasdaq stock symbol specifying that it is the second preferred bond of the company. Explaining 'H' Nasdaq-listed securities have four or five characters. If a fifth letter appears, it identifies the issue as other than a single issue of common stock or capital stock. Further Reading Heterogeneous agent...

S-8 Filing

What is 'S-8 Filing' A SEC filing required for companies wishing to issue equity to their employees. Explaining 'S-8 Filing' Similar to filing a prospectus, the S-8 outlines the details of an internal issuing of stock or options to employees. Further Reading Shell companies as IPO alternatives: an analysis of trading activity...

I

What is 'I' A Nasdaq stock symbol specifying that it is the third preferred bond of the company. Explaining 'I' Nasdaq-listed securities have four or five characters. If a fifth letter appears, it identifies the issue as other than a single issue of common stock or capital stock. Further Reading Trends in park tourism:...

J

What is 'J' A Nasdaq stock symbol specifying that the stock has voting rights. Explaining 'J' Nasdaq-listed securities have four or five characters. If a fifth letter appears, it indicates that the issue is other than a single issue of common or capital stock. Further Reading Trends in park tourism: Economics, finance and...

Labor Theory Of Value

Labor Theory Of Value What is the 'Labor Theory Of Value ' The labor theory of value was an early attempt by economists to explain why goods were exchanged for certain prices on the market. It suggested the value of a commodity could be measured objectively by the average number of labor hours necessary to produce...

K

What is 'K' A Nasdaq stock symbol specifying that the stock has no voting rights. Explaining 'K' Nasdaq-listed securities have four or five characters. If a fifth letter appears, it identifies the issue as other than a single issue of common stock or capital stock. Further Reading An empirical comparison of published...

Zakat

What is 'Zakat' A term used in Islamic finance to refer to the obligation that an individual has to donate a certain proportion of wealth each year to charitable causes. Zakat is a mandatory process for Muslims in order to physically and spiritually purify their yearly earnings that are over and above what is required to provide...

Yankee CD

What is 'Yankee CD' A certificate of deposit (CD) that is issued in the United States by a branch or agency of a foreign bank. A Yankee CD is a foreign certificate of deposit denominated in U.S. dollars, issued in the U.S. to American investors. A foreign company can raise capital from U.S. investors by issuing Yankee...