ERIC S. MASKIN
American economist and professor of social science at the Institute for Advanced Study (IAS). He received the 2007 Nobel Prize in Economics, along with Russian economist and mathematician Leonid Hurwicz, and American economist Roger Myerson, for his research on mechanism design theory or incentive-compatible mechanisms.
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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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As the biggest market in the world, the foreign exchange market or forex is also one of the most participated in the world. As such, learning about ...
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Renovate or Move?
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