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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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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Students, How Much Can You Afford to Borrow?
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