A/ A2
Usually a rating agency's second or third-highest rating given to a security or carrier. It connotes that a relatively low risk of default is present and the reason for this is the fairly stable issuer or carrier. Policyholders and investors are therefore only taking minimal risk with these companies.
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Harmonic Average
Also referred to as harmonic mean, the mean of a set of positive variables. Calculated by dividing the number of observations by the reciprocal of ...
Strategic Default
Borrower’s decision to deliberately default on a debt obligation amid its capability to make the payments. Mortgage holders of residential an ...
Blank Endorsement
Endorsement permitting any instrument holder to possess a claim for payment. Since it indicates no payee, it converts the instrument into a bearer ...
Mirror Trading
A forex strategy which allows investors to duplicate the forex trading behavior of veteran and successful investors around the world. Developed in ...
Jobless Recovery
An economic recuperation after a recession, where the economy improves in general but the unemployment rate is increasing or remains high over a pr ...
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Featured Investment: Annuity
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