CASH OR DEFERRED ARRANGEMENT - CODA
Method of funding any qualified profit sharing or stock bonus plan. The arrangement allow employees to contribute some of his salary to the plan so that the savings can grow tax-deferred. Cash bonus is the most common type of CODA, which is paid into an employee’s 401(k) plan, but could also be a salary deduction.
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Short Leg
Short Leg is a contract where an individual holds a short position. The contract is in the option spread created by the trader by purchasing a put ...
Borrowing Base
Money a lender will loan to a company. The borrowing base is usually determined by a method called margining, where the lender determines a discoun ...
Swaziland Lilangeni
Currency abbreviation for the Swaziland Lilangeni, the official currency of Swaziland. The currency is comprised of 100 cents and presented with th ...
Deposit/Withdrawal At Custodian - DWAC
A method of electronically transferring new shares or paper share certificates from the Depository Trust Company (DTC), which acts as a clearinghou ...
Economic Stimulus
Plans to financially stimulate an economy. It implements monetary or fiscal policy changes to bolster a lagging or struggling economy. Governments ...
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| 09:00 | SECO Consumer Confidence | May | |
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