UNLIMITED BOND PURCHASE
Unlimited Bond Purchase is a scheme implemented by the European Central Bank under the presidency of Mario Draghi in October of 2012. It was used to purchase large quantities of government bonds from eurozone countries that struggled financially. Spain and Italy were just some of the countries who benefited from it. Due to fear of the euro failing because of widespread economic turmoil the unlimited bond purchase program was carried out as a crisis-averting measure.
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Skimming
Skimming is an act used by identity thieves to capture the personal information of an individual through electronic means. A little electronic devi ...
Federal Poverty Level - FPL
The minimum amount of gross income that a family needs for food, clothing, transportation, shelter and other necessities. In the United States, thi ...
Hiring Freeze
A situation where the employer temporarily freezes the hiring of new employees. Hiring freeze is put into place as a cost-saving effort as a result ...
Lump-Sum Payment
Repayment of the total or partial value of an asset by one-time payment. Usually, this is taken instead of recurring payments that would be receive ...
Announcement Date
The date in which a company will make an announcement on the details pertaining an issue of equity or debt. The announcement da ...
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