BLUE OCEAN
Slang term for uncontested market space for an unidentified industry or innovation. Blue oceans refer to vast potential profits. Professors W. Chan Kim and Renee Mauborgne coined the phrase in their 2005 book Blue Ocean Strategy: How to Create Uncontested Market Space and the Make Competition Irrelevant.
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Secondary Mortgage Market
Secondary Mortgage Market is a market wherein mortgage aggregators, securitizers, originators, and investors go to buy and sell mortgage loans and ...
Giffen Good
Good for which demand rises as the price escalates, and declines when the price decreases. It has an upward-sloping demand curve, contrary to the f ...
Inactivity Fee
Fee charged to investors by brokerages for infrequent trading in their brokerage accounts to meet the minimum trading requirement
CVE
Currency abbreviation for the Cape Verde escudo, the official currency of the Republic of Cape Verde. The CVE subunit is called the centavo. Instea ...
Product Recall Insurance
An insurance that covers the costs involved in recalling possibly defective products made by the insured.
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An Introduction to Ethical Investing
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