Daily Chart
What is 'Daily Chart' A line graph that displays the intraday movements of a given security. This contrasts to longer term charts, such as those that show a security's movement over a period of days, months or even years. Explaining 'Daily Chart' Daily charts display all of the price movement for the period and...
AC-DC Option
What is 'AC-DC Option' A derivative that gives an investor the right - but not the obligation - to buy (call) or sell (put) a security at a certain price (strike), and in which the investor makes the buy or sell decision at a specific time after the option is in force, rather than at the time...
W-9 Form
DefinitionForm W-9 is used in the United States income tax system by a third party who must file an information return with the Internal Revenue Service. It requests the name, address, and taxpayer identification information of a taxpayer. W-9 Form What is a 'W-9 Form' A W-9 form is an Internal Revenue Service (IRS) form, also known...
A-B Trust
What is 'A-B Trust' A trust created by a married couple with the objective of minimizing estate taxes. An A-B trust is is a trust that divides into two upon the death of the first spouse. It is formed with each spouse placing assets in the trust and naming as the final beneficiary any suitable person except...
B-Share
What is B-Share and how does it work B-share is a type of stock that is typically issued by foreign companies that are listed on a U.S. exchange. B-shares usually have the same economic rights as other shares of the same company, but they may have different voting rights. They may also be subject to different tax treatment. B-shares were...
OTC
Over-the-counter (OTC) refers to the process of how securities are traded for companies not listed on a formal exchange. Securities that are traded over-the-counter are traded via a dealer network as opposed to on a centralized exchange. OTC trading helps promote equity and financial instruments that would otherwise be unavailable to investors. Companies with OTC shares may raise...
KSOP
What is 'KSOP' A qualified retirement plan that combines an employee's stock ownership plan (ESOP) with a 401(k). Under this type of retirement plan the company will match employee contributions with stock rather than cash. KSOPs benefit companies by reducing expenses that would arise by separately operating an ESOP and 401(k) retirement plans. Explaining 'KSOP'...
F. Duane Ackerman
DefinitionF. Duane Ackerman is an American businessman. He was the last chairman and Chief Executive Officer of BellSouth Corporation. F. Duane Ackerman What is 'F. Duane Ackerman' The former CEO of BellSouth from 1997 to 2006 and chairman from 1998 to 2006. F. Duane Ackerman led the company through the deregulation of the telephone industry, helped it...
U.S. Dollar Index (USDX)
What is the 'U.S. Dollar Index - USDX' The U.S. dollar index (USDX) is a measure of the value of the U.S. dollar relative to the value of a basket of currencies of the majority of the U.S.'s most significant trading partners. This index is similar to other trade-weighted indexes, which also use the exchange rates from...
Emerging and Growth-leading Economies (EAGLE)
What are emerging and growth-leading economies (EAGLE) Emerging and growth-leading economies are those that are experiencing rapid economic growth. This can be due to a variety of factors, including a young and growing population, low labor costs, and access to capital. As these economies develop, they often undergo structural changes that lead to further economic growth. For example, manufacturing may...