OSTRICH
This term refers to the investors that tend to disregard bad news that may impact their investments. This is based on the famous misconception that when an ostrich bird senses danger and can’t run away, it buries its head in the sand. It is similar to investors who exhibit ostrich-like behavior. They prefer to ignore negative news which could eventually have a significant impact on their investment portfolios, hoping that the problem will just go away.
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Giffen Good
Good for which demand rises as the price escalates, and declines when the price decreases. It has an upward-sloping demand curve, contrary to the f ...
Inactivity Fee
Fee charged to investors by brokerages for infrequent trading in their brokerage accounts to meet the minimum trading requirement
CVE
Currency abbreviation for the Cape Verde escudo, the official currency of the Republic of Cape Verde. The CVE subunit is called the centavo. Instea ...
Product Recall Insurance
An insurance that covers the costs involved in recalling possibly defective products made by the insured.
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