ABA Bank Index
What is 'ABA Bank Index' A banking index that is made up of community banks and banking institutions. This index was created to represent the smaller institutions of the banking industry and stands in contrast to the KBW Banking Index in that respect. The ABA index trades on the Nasdaq under the symbol ABAQ. Explaining...
J Curve
What is 'J Curve' A theory stating that a country's trade deficit will worsen initially after the depreciation of its currency because higher prices on foreign imports will be greater than the reduced volume of imports. Explaining 'J Curve' The effects of the change in the price of exports compared to imports will eventually...
H-Shares
DefinitionH shares refer to the shares of companies incorporated in mainland China that are traded on the Hong Kong Stock Exchange. Many companies float their shares simultaneously on the Hong Kong market and one of the two mainland Chinese stock exchanges. H-Shares What are 'H-Shares' H-shares are shares of a company incorporated in the Chinese mainland that...
Gambling Income
What is gambling income and how is it taxed Gambling income is defined as any money or prizes won from gambling activities, such as playing casino games, participating in lotteries, or betting on sports. This income is considered taxable by the IRS, and gamblers are required to report their winnings on their annual tax return. The amount of tax owed...
Z-Score
What is a 'Z-Score' A Z-score is a numerical measurement of a value's relationship to the mean in a group of values. If a Z-score is 0, it represents the score is identical to the mean score. Explaining 'Z-Score' Z-scores also reveal to statisticians and traders if a score is typical for a specified data...
S&P 500
DefinitionThe Standard & Poor's 500, often abbreviated as the S&P 500, or just the S&P, is an American stock market index based on the market capitalizations of 500 large companies having common stock listed on the NYSE or NASDAQ. The S&P 500 index components and their weightings are determined by S&P Dow Jones Indices. It differs from other U.S....
Valuable Papers Insurance
What is 'Valuable Papers Insurance' A special type of property-casualty insurance. Valuable papers insurance will reimburse the policyholder for the monetary value of any valuable papers that are lost for any reason, such as wills, trusts or corporate charters. It is often purchased by corporations, small businesses and wealthy persons. Explaining 'Valuable Papers Insurance' ...
Paid In Capital
DefinitionPaid in capital refers to capital contributed to a corporation by investors through purchase of stock from the corporation. It includes share capital as well as additional paid-in capital. Paid In Capital What is 'Paid In Capital' Paid-in capital is the amount of capital "paid in" by investors during common or preferred stock issuances, including the par...
S-3 Filing
What is an S-3 Filing An S-3 filing is a SEC registration form that allows companies to issue securities that are not registered under the Securities Act of 1933. This form is available to companies that meet certain requirements, including being up-to-date with their SEC filings and having a public float of at least $75 million. The S-3 filing process...
EBITDA – Earnings Before Interest, Taxes, Depreciation and Amortization
What is 'EBITDA - Earnings Before Interest, Taxes, Depreciation and Amortization' EBITDA stands for earnings before interest, taxes, depreciation and amortization. EBITDA is one indicator of a company's financial performance and is used as a proxy for the earning potential of a business, although doing so has its drawbacks. Further, EBITDA strips out the cost of debt capital and its...