C-Note – What is a C Note Money
What does a C note mean and where does the term come from A C-note is a common slang term for a $100 bill. The origins of the term are unclear, but it is thought to come from the Roman numeral 'C' which was formerly used to denote 100 on banknotes. Another theory is that it refers to the Century note...
W-4 Form
What is the W-4 form and what is it used for The W-4 form is a document that is used by employers to determine the amount of taxes that should be withheld from an employee's paycheck. The form is completed by the employee, and it asks for information about the employee's filing status, number of allowances, and other factors. The...
Qualified Acquisition Cost
What is Qualified Acquisition Cost Qualified Acquisition Cost (QAC) is a measure of the costs incurred by a company to acquire or develop new products or services. It includes all direct and indirect costs associated with the project, such as research and development, marketing, and product launch expenses. QAC is often used as a metric for evaluating the success of...
FAAMG Stocks
What is 'FAAMG Stocks' FAAMG is an abbreviation coined by Goldman Sachs for five top performing tech stocks in the market, namely Facebook, Amazon, Apple, Microsoft, and Alphabet’s Google. Explaining 'FAAMG Stocks' Roughly 3,000 companies (mostly tech companies) trade on the NASDAQ and the Nasdaq Composite provides an indication of how the tech sector is faring in the economy. Facebook (FB), Amazon...
U.S. Agency for International Development (USAID)
What is 'U.S. Agency for International Development - USAID' An independent federal agency of the United States that provides aid to citizens of foreign countries. Types of aid provided by USAID include disaster relief, technical assistance, poverty alleviation and economic development. The agency creates country-specific programs that provide tailored solutions based on individual needs. USAID is under...
Naked Option
What is a naked option When most people think of options trading, they picture someone buying or selling a call or put option on an underlying security, such as a stock. However, there is another type of options trade known as a "naked" option. A naked option is an options contract that is not offset by an equivalent position in...
Source: WikipediaLast Sourced: 2021-02-01This Article has been Edited for Accessibility Further Reading Event studies in economics and financewww.jstor.org ECONOMISTS are frequently asked to measure the effects of an economic event on the value of firms. On the surface this seems like a difficult task, but a measure can be constructed easily using an event study. Using financial market...
Game Theory
What is 'Game Theory' Game theory is the study of human conflict and cooperation within a competitive situation. In some respects, game theory is the science of strategy, or at least the optimal decision-making of independent and competing actors in a strategic setting. The key pioneers of game theory were mathematicians John von Neumann and John Nash,...
JMD (Jamaican Dollar)
What is 'JMD' The currency abbreviation or the currency symbol for the Jamacian dollar (JMD), the currency for Jamaica. The currency is made up of 100 cents and is often presented with the symbol (J$) or (JA$). The Jamaican dollar was also formerly used in the Cayman Islands. Explaining 'JMD' The Jamaican dollar was...
Occupancy Fraud
What is 'Occupancy Fraud' A type of mortgage fraud, whereby the borrower lies about whether or not the home will be owner occupied. Occupancy fraud happens when the borrower says that a home will be owner occupied, when in reality it will not be. Mortgage lenders typically offer lower rates to mortgages on owner-occupied homes, rather than...