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19 March, 2026
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Term of the day

Term of the day

Kiwi Bond

A retail bond issued by corporations and governments in New Zealand that is offered directly to the public. Its citizens can get application forms and investment statements from the New Zealand Debt Management Office (NZDMO) Re ...

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POPULAR TERMS

Affirmative Covenant
A kind of contract or promise that requires a party to conduct some action. For example, a bond covenant which provides that the issuer must delive ...
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A risk where loss is the only potential outcome; there is no positive result. A pure risk is related to events that are out of control of the risk- ...
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Performance level describing a process which uses the lowest amount of inputs to come up with the greatest amount of inputs. It is relative to usin ...
Tax Free
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A situation that is most often allowed for company executives or high-level employees. It permits them to trade in their options that out of the mo ...
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