Term of the day
It is the value of a security stated by the issuer. Also known as par value. Usually this term describes the sum paid to a bondholder at the maturity date.
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Lady Macbeth Strategy
A hostile takeover strategy whereas a third party (a company) poses as a “white knight” or an ally to gain the trust of the target and ...
Debtor In Possession
An individual or corporation that has filed for Chapter 11 bankruptcy protection and remains in control of property that a creditor has a lien agai ...
Statistical measure used in computing the symmetry of a variable’s probability distribution relative to another variable. Given that all thin ...
Worldwide financial securities company that controls an electronic securities order matching and information system, allowing members to show bids ...
Dow Jones Sustainability United States Index
Market capitalization-weighted index encompassing US-based firms in the Dow Jones Sustainability North America Index, comprised of the leading 20% ...
Finance for Individuals
Investors and Information Overload
In the advent of technology, information overload prevails in the world, specifically in the investment sector. If investors are not equipped with the right amount of financial knowledge and unders tanding, they can experience difficulty when digesting too much details.
Taxation in Finance
Getting Married Soon? Organize Your Financial Matters
Marriage is one of the most significant, wonderful milestones in a person’s life. There are so many new and wonderful things to look forward to, such as spending the rest of your life with th e significant other, building your own family, and taking care of your home and children.
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