JOSEPH STIGLITZ
An American neo-Keynesian economist who received the 2001 Nobel Memorial Prize in Economics for his work on analyzing the market using information asymmetry. He was also awarded the John Bates Clark Medal. A notorious critic of the International Monetary Fund, Stiglitz has written several books and articles.
POPULAR TERMS
Hostile Takeover Bid
It refers to an attempt to take over a company without the company’s board of directors’ approval. When fighting for control of a publi ...
Fixed Income Forward
A contract to buy or sell a fixed income security, in the future, at a price agreed upon today. The price of a fixed income forward contract is cal ...
WACC
Weighted Average Cost of Capital is a calculation of the cost of capital of a given company. All capital sources are included in the computation su ...
Non-Owner Occupied
A classification used in mortgage origination, risk-based pricing and housing statistics for one to four-unit investment properties. The property i ...
Periodic Interest Rate
This is the interest rate charged on loans or realized on an investment in a specific time period.
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SEE FOREX TUTORIAL
Starting Your Own Small Business: Choosing What You Want to Sell
Some people say that the only real way to get rich is by starting your own business. However, this is untrue; there are a lot of reasons to start y ...
Digesting Financial Statements: Pension Plans
Deducing on the topic we previously discussed, this tutorial now puts the spotlight on the pension fund. It is a distinct long-term obligation for ...
A Guide to Your Personal Income Tax: Essentials
In the United States, the progressive tax system is one of the most important yet misunderstood concepts of tax planning. Whenever people are asked ...
Introduction to Inflation
I asked my grandparents about the cost of living during World War II. They told me people during that period could buy a house for $5,000, a car fo ...
Digesting Financial Statements: Filing
Companies need to file several financial reports in different periods with the Securities and Exchange Commission.
14A Prox ...
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| 16:30 | Leading Index (Conference Board) | Mar | |
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