RESPONDEAT SUPERIOR
A legal concept in which a company and the management are held responsible for the actions of employees. The term is a Latin for "let the superior respond," and it prevents employers from profiting from the illegal acts of their employees while avoiding legal repercussions themselves. For respondeat superior to apply to a legal case, an employee of the company must have committed the crime for the benefit of the company, not for his or her own benefit.
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Congestion
Time period when a stock trades either above support, below resistance, or both.
Market occurrence where the demand for a specif ...
Natural Gas ETF
Natural gas ETFs opened well when they first started trading on the American Stock Exchange or AMEX. It’s been very useful to institutional i ...
Private Activity Bond - PAB
Tax-exempt bonds issued by or on behalf of local or state government to provide special financing benefits for qualified projects. The financing is ...
Auction Rate Bond - ARB
A debt security which possess an adjustable interest rate and a fixed term of 20 up to 30 years. The interest rate of an auction rate bond is deriv ...
Employee Share Ownership Trust - ESOT
Program assisting in the acquisition and distribution of a firm’s stocks to its employees. This ownership aims to lift the employees’ m ...
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 03:00 | MI Inflation Gauge | Apr | |
| 03:30 | ANZ Jobs Advertisements | Apr | |
| 08:00 | Retail Sales | Mar | |
| 08:30 | Commodity Prices | Apr | |
| 09:15 | PMI Manufacturing | Apr | |
| 09:30 | SVME Purchasing Managers Index | Apr | |
| 09:45 | PMI Manufacturing | Apr | |
| 09:50 | PMI Manufacturing | Apr | |
| 09:55 | PMI Manufacturing | Apr |
