NIGERIAN SCAM
A type of mail and email that tries to have people sends money or disclosed banking account details based on false pretenses. Mails usually imply that someone has inherited a large sum of money and needs assistance in acquiring the funds. Those who fall for the scam will send the money requested and never see their money again. Most of the people who do this kind of fraud are located in Africa.
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Concentration Ratio
Ratio indicating the relative size of companies in respect to their industry in general. Low concentration ratio denotes higher competition among t ...
Back-To-Back Letters Of Credit
Two letters of credit (LCs) utilized together to aid a merchant in financing the buying of services or equipment from a subcontractor. With the aut ...
Stock Market Crash of 1987
Rapid and one of the most severe downturn in stock prices which took place on October 19, 1987. Following five days of intensifying stock market pl ...
Z-Score
“Z-Score” is a statistical measurement showing the relationship of the score to the mean. It can be positive or negative, which means t ...
Premium
The total cost of an option.
The difference between the higher price paid for a fixed-income secur ...
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