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Daily Money Manger – DMM

What is 'Daily Money Manager - DMM' A person who takes over the day-to-day financial tasks for those who are unable to...

Face Value

What is 'Face Value' Face value is the nominal value or dollar value of a security stated by the issuer. For stocks,...

P-Test

What is a 'P-Test' A statistical method used to test one or more hypotheses within a population or a proportion within a...

DAX

What is 'DAX' A stock index that represents 30 of the largest and most liquid German companies that trade on the Frankfurt...

K-Percent Rule

DefinitionFriedman's k-percent rule is the monetarist proposal that the money supply should be increased by the central bank by a constant percentage rate every...

RBC Consumer Attitudes And Spending By Household Index (RBC CASH Index)

RBC Consumer Attitudes And Spending By Household Index (RBC CASH Index) What is 'RBC Consumer Attitudes And Spending By Household Index -...

IE Business School

DefinitionIE Business School is a graduate school located in Madrid, Spain. It was founded in 1973 under the name Instituto de Empresa and since...

Zaraba method

What is ‘Zaraba method' Zaraba method is a method of matching orders that involves using an auction-like process to trade securities. The orders are organized...

Qualification Ratio

What is 'Qualification Ratio' Ratio of debt to income and housing expense to income that is used by mortgage lenders to determine...

A. Michael Spence

DefinitionAndrew Michael Spence is an American economist and recipient of the 2001 Nobel Memorial Prize in Economic Sciences, along with George Akerlof and Joseph...

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