REAL ESTATE OPERATING COMPANY - REOC
A real estate operating company invests in real estate and its shares are traded in a public exchange. It is actually similar to real estate investment trust or REIT, except to the fact that an REOC reinvests its earnings to the business, instead of distributing them to unit holders like what REITs do.
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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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