BABY BOND
It is a fixed income type of securities that are issued in small denominations, commonly having the maximum $5000 face value. Because it is issued in small denominations, average retail investors are easily attracted to this.
Nowadays, baby bonds are mainly issued by different states, counties and municipalities to fund capital expenditures and expensive infrastructure projects. These municipal bonds that are tax-exempted are commonly structured as zero-coupon bonds having a maturity from eight to 15 years.
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Liquidity Adjustment Facility
A tool in monetary policy where banks are allowed to borrow money through repurchase agreements, and to respond to liquidity pressures. The governm ...
Data Warehousing
Electronic storage of information in a business or corporation. It should be secure, reliable and easy to retrieve and manage. It originated in 198 ...
One-Tailed Test
A statistical test where the critical area of a circulation is one-sided so that it is either less than or greater than a specific value, but not b ...
Less-than-Truckload
A shipping service that carries small loads of freight, weight between partial and full truckload. The service is being offered by many large and n ...
Original Cost
It simply refers to the total cost associated in buying an asset.
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