MVR
Currency abbreviation for Maldivian rufiyaa, official currency of Maldives. The currency is comprised of 100 laari and presented with the symbol Rf or MRF. Created in 1947, the name rufiyaa stemmed from the Hindi term "rupaya", which came from the Sanskrit word "rupya", which can be rephrased to "wrought silver".
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Uptick
An Uptick is a transaction or a business deal for a financial instrument that surpasses the previous transaction in price. If the price of a stock ...
Lock In Profits
Realizing the profits of a position such as buying a stock by exiting at a gain. By doing so, the portion of that investment is no longer vulnerabl ...
Profit
Profit occurs when the amount of revenue gained from a business exceeds the expenses, costs, and tax needed to maintain the business activity.
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Due Diligence Meeting
Meticulous probe conducted by an underwriter, ensuring all details has been revealed to prospective investors before issuing a new security.
Laffer Curve
The relationship between tax rates and tax revenue collected by the government. Formed by Arthur Laffer, the curve states there is an optimal tax i ...
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