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Pacific Exchange (PCX)
What is 'Pacific Exchange - PCX' An exchange network that coordinates the trading of stock options between both institutional and individual investors....
Obsolete Inventory
What is 'Obsolete Inventory'
An obsolete inventory item is defined as inventory that has reached the end of its product life cycle and has not...
QSBS (Qualified Small Business Stock)
What is 'QSBS (Qualified Small Business Stock)' A qualified small business stock (QSBS) is simply the stock or share of a qualified...
Obsolescence Risk
What is 'Obsolescence Risk' The risk that a process, product or technology used or produced by a company for profit will become...
Baby Bond
What is 'Baby Bond' Fixed income securities issued in small denominations, generally with a maximum face value of $5,000. The small denominations...
IDC Deposits
What is 'IDC Deposits' IDC Deposits Corp. oversees the MMAX (Money Market Account Extra) program which provides depositors with an efficient way...
Valuation Analysis
What is a 'Valuation Analysis' A form of fundamental analysis that looks to compare the valuation of one security to another, to...
Occupational Labor Mobility
What is 'Occupational Labor Mobility' Refers to the ease with which workers can switch career fields to find gainful employment or meet...
Rabbi Trust
What is 'Rabbi Trust'
A rabbi trust is a type of trust that is typically used by employers to hold retirement benefits for their employees....
A Priori Probability
What is 'A Priori Probability' A priori probability is a probability calculated by logically examining existing information. A priori probability can most...