SHORT GOLD ETF
Short Gold ETF is an exchange traded fund whose purpose is to profit from gold prices that are negative. It is also referred to as inverse gold ETF or a gold bear ETF. Everyday, an adjustment of -100% is done to a short gold ETF to change the gold price. Prices may be based on a gold index’s price, gold futures and contracts, physical gold, or gold mining stocks. Investors purchase short gold ETF if he or she predicts a drop in gold prices.
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Affirmative Covenant
A kind of contract or promise that requires a party to conduct some action. For example, a bond covenant which provides that the issuer must delive ...
Pure Risk
A risk where loss is the only potential outcome; there is no positive result. A pure risk is related to events that are out of control of the risk- ...
Efficiency
Performance level describing a process which uses the lowest amount of inputs to come up with the greatest amount of inputs. It is relative to usin ...
Tax Free
Goods and/or financial products that are not taxable. Having the tax free status allows an entity to save money and encourages additional spending ...
Reprice
A situation that is most often allowed for company executives or high-level employees. It permits them to trade in their options that out of the mo ...
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