LBP (Lebanese Pound)
What is 'LBP' The currency abbreviation or currency symbol for the Lebanese pound (LBP), the currency for Lebanon. The Lebanese pound is made up of 100 qirsh or piastres, and is often presented with the symbol (__). This currency is also called lira in Arabice or livre in French, and all notes and coins are printed and...
P-Value
DefinitionIn statistical hypothesis testing, the p-value or probability value or asymptotic significance is the probability for a given statistical model that, when the null hypothesis is true, the statistical summary would be the same as or of greater magnitude than the actual observed results. The use of p-values in statistical hypothesis testing is common in many fields of research...
NASDAQ Global Market Composite
What is 'NASDAQ Global Market Composite' An index made up of stocks that represent the Nasdaq Global Market. The NASDAQ Global Market Composite consists of 1,450 stocks that meet Nasdaq's strict financial and liquidity requirements, and corporate governance standards. The Global Market Composite is less exclusive than the Global Select Market Composite. Explaining 'NASDAQ Global...
V-Shaped Recovery
What is V-shaped Recovery A V-shaped recovery is when an economy rebounds quickly after a sharp decline. The name comes from the shape of the resulting economic graph, which looks like a "V." A V-shaped recovery is the best case scenario for an economy that has experienced a downturn. Following a sharp decline, economic activity will rebound quickly and return...
A-Credit
What is 'A-Credit' The highest credit grade available as assigned to a borrower by a lender. Lenders use a credit grading system to qualify borrowers. The higher the borrower's credit grade, the lower the interest rate offered to that borrower on a loan. Explaining 'A-Credit' Credit grading by lenders is based on many factors,...
KPW (North Korean Won)
KPW (North Korean Won) What is 'KPW' The currency symbol or currency abbreviation for the North Korean won (KPW), the currency for North Korea. The won is divided into 100 chon and is often presented with the symbol (W). The word "won" is a hybrid of the Chinese word "yuan" and Japanese "yen". Explaining...
SMA
SMA stands for simple moving average. It is an average that is calculated by adding the recent prices and dividing by the number of time periods. The shorter the term, the more quickly the changes of the underlying price will be recorded. Longer term averages are slower. What does the Moving Average tell you? The moving average helps you...
T-Test
What is a 'T-Test' A t-test is an analysis of two populations means through the use of statistical examination; a t-test with two samples is commonly used with small sample sizes, testing the difference between the samples when the variances of two normal distributions are not known. Explaining 'T-Test' A form of hypothesis testing, the t-test...
Jakarta Stock Exchange (JKT) .JK
What is 'Jakarta Stock Exchange (JKT) .JK' Indonesia's first stock exchange. Founded in 1912 for the interest of the Dutch East India Company, the Jakarta Stock Exchange was closed during parts of World Wars I and II. When it reopened in 1952, the only exchanged security was the Indonesian government bond. The exchange became inactive from 1956-1977,...
T+1 (T+2,T+3)
What is 'T+1 (T+2,T+3)' Abbreviations that refer to the settlement date of security transactions. The T stands for transaction date, which is the day the transaction takes place. The numbers 1, 2 or 3 denote how many days after the transaction date the settlement or the transfer of money and security ownership takes place. Explaining...