JUNK BOND
A slang term that refers to a high-yield or non-investment grade security. Standard & Poor’s graded the bond BB or lower, while Moody’s ranked it Ba or below. The fixed-income security has higher default risk but speculative appeal because it is a risky investment that yields higher earnings than safer ones.
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Liquidity Adjustment Facility
A tool in monetary policy where banks are allowed to borrow money through repurchase agreements, and to respond to liquidity pressures. The governm ...
Data Warehousing
Electronic storage of information in a business or corporation. It should be secure, reliable and easy to retrieve and manage. It originated in 198 ...
One-Tailed Test
A statistical test where the critical area of a circulation is one-sided so that it is either less than or greater than a specific value, but not b ...
Less-than-Truckload
A shipping service that carries small loads of freight, weight between partial and full truckload. The service is being offered by many large and n ...
Original Cost
It simply refers to the total cost associated in buying an asset.
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“How does inflation affect my investments?”
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