GREENSPAN PUT
Describing a perceived attempt of former Federal Reserve Chair Alan Greenspan to prop up the securities markets by reducing interest rates and helping money flow into the markets. Coined in the late 1990s, investors presume they could liquidate their stocks at a fixed price or prior to a certain date as if there was a built-in put option. They believed Greenspan would maneuver monetary policy and continue to keep market stability. While it affected the markets, this was not likely his objective.
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Mature Economy
An economic situation where the birth rate is stable or lower than mortality rate, as well as the pace of economic growth has slowed down. It is ch ...
Blackberry Addiction
Colloquial term for overreliance or overuse of Blackberry. The smartphone is manufactured by Research in Motion. It is a prevailing condition for s ...
Completed Contract Method - CCM
Accounting method allowing a taxpayer or business to defer reporting of income and expenses until the contract has been completed. Frequently, this ...
Choice Market
Market in which the spread between the bid and ask prices for a particular financial instrument is zero. Meaning the instrument can be purchased fo ...
Rational Pricing
A theory that states the prices that reflect a security’s fundamental value and the absence of arbitrage opportunities.
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