MYRON S. SCHOLES
A Canadian-born American Economist and recipient of the 1997 Nobel Prize in Economics together with fellow economist Robert Merton for developing a new method to know the value of derivatives. Along with American Economist Fischer Black, they created the Black-Scholes equation, a model of determining fair prices of options. His research also focused on taxation and incentives.
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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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SEE FOREX TUTORIAL
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Digesting Financial Statements: Pension Plans
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Buying a Home: Choosing the Best Location
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Students, How Much Can You Afford to Borrow?
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