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Half Stock

What is 'Half Stock' Stock sold with a par value half of what is considered standard. Half stock can be either common...

Back Charge

What is 'Back Charge' A billing made to collect an expense incurred in a previous billing period. A back charge may be...

Baby Bills

What is 'Baby Bills' A hypothetical nickname for the smaller companies that would have been formed if Microsoft had been broken up...

BRIC

DefinitionIn economics, BRIC is a grouping acronym that refers to the countries of Brazil, Russia, India and China, which are all deemed to be...

MAD

What is 'MAD' In currencies, this is the abbreviation for the Moroccan Dirham. Explaining 'MAD' The currency market, also...
C-share

C-Share

What is C-Share and how does it work C-share is a type of mutual fund that allows investors to share in the unrealized gains or...

Ragnar Frisch

What is 'Ragnar Frisch' A Norwegian economist and joint winner in 1969 of the very first Nobel Prize in Economics, along with...

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...

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...

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...