POOLING OF INTERESTS
An accounting method allowing the balance sheets of two companies to be added together during an acquisition or merger. Pooling of interests is one of the accounting methods that companies can choose to employ when combining assets. The alternative would be the purchase method in which the purchasing company adds the absorbed company's assets to its fair market value.
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Bank Restriction Act of 1797
Act freeing the Bank of England from exchanging banknotes and other financial claims for gold. Passed by the British government in 1797, the legisl ...
Worldwide Coverage
Worldwide Coverage is an insurance policy that provides international coverage for personal property owned by the insured against any loss or damag ...
Third-Party Verification - TPV
Process in which an independent organization evaluates the client’s information to ensure its accuracy and intent. This is often used in tran ...
Bullish Abandoned Baby
Candlestick pattern signalling a reversal in the present trend. Used by traders, it is formed by three unique candlesticks showing the following ch ...
Confluence
Combining two or more techniques and ideas into one complete strategy. It occurs when two different ideas or strategies are used together to come u ...
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| Time | Country | Indices | Period |
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