DRAGHI EFFECT
Mild effect of European Central Bank President Mario Draghi on global financial markets. When the Draghi Effect takes place, yields on bonds of embattled European countries pull back from historic high levels, cut down cost of borrowing, and denote there is buyer demand for their sovereign bonds. The euro can also increase while risk appetite returns and equity markets surge. In essence, the Draghi effect makes the European sovereign debt crisis appear less gloomy and the global macroeconomic more optimistic.
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Senior Bank Loan
Senior Bank Loan is a debt financing obligation. Senior bank loans are issued by the financial institution, typically a bank, to an entity that may ...
Regulatory Asset
Specific costs or revenues that a utility is permitted to defer to its balance sheet, instead of reporting them on the income statement of a compan ...
Multiple Tops
Reversal chart formation that exhibits the deficit of a security to break through to new peaks on several occasions, which tells a strong sell sign ...
Iceberg Order
Huge single order that was split into several smaller lots, usually through an automated program to conceal the true order quantity.
IRS Publication 910
A document that gives information on the free resources the agency offers. Published by the Internal Revenue Services (IRS), it identifies many of ...
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