SOVEREIGN DEBT
Sovereign debt is the issued bond of the national government in a foreign currency. This is done to stimulate and finance the growth of the issuing country. A sovereign debt is riskier for a developing country than for a developed country due to the fact that stability in an issuing government is an essential factor. The stability may be seen in the sovereign credit ratings along with other national data.
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Mature Economy
An economic situation where the birth rate is stable or lower than mortality rate, as well as the pace of economic growth has slowed down. It is ch ...
Blackberry Addiction
Colloquial term for overreliance or overuse of Blackberry. The smartphone is manufactured by Research in Motion. It is a prevailing condition for s ...
Completed Contract Method - CCM
Accounting method allowing a taxpayer or business to defer reporting of income and expenses until the contract has been completed. Frequently, this ...
Choice Market
Market in which the spread between the bid and ask prices for a particular financial instrument is zero. Meaning the instrument can be purchased fo ...
Rational Pricing
A theory that states the prices that reflect a security’s fundamental value and the absence of arbitrage opportunities.
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