摘要: A bank or financial institution with negative net worth. Although zombie banks typically have a net worth below zero, they continue to operate as a result of government backings or bailouts that allow[阅读全文:]
摘要: A working class that is known for earning high average salaries and not performing manual labor at their jobs. White collar workers historically have been the "shirt and tie" set, defined by office [阅读全文:]
摘要: A product manufactured by one company that is packaged and sold by other companies under varying brand names. The end product appears as though it is being made by the marketer, when in reality it is [阅读全文:]
摘要: An option associated with treasury bond or treasury note futures contracts that permits the short position to delay the delivery of the underlying.
This provision allows the short futures contra[阅读全文:]
摘要: Having the right to deliver on a futures contract at the last closing price, even though the contract is no longer trading.
This is similar to the wild card option.
[阅读全文:]
摘要: A policy instituted by the Securities and Exchange Commission (SEC) that calls for the review of an entire industry whenever critical problems (such as accounting fraud) are found within one or two co[阅读全文:]
摘要: A process that entails selling all the assets of a business entity, paying off creditors, distributing any remaining assets to the principals, and then dissolving the business.
Essential[阅读全文:]
摘要: A window of opportunity is a short time period during which an otherwise unattainable opportunity exists. After the window of opportunity closes, the opportunity ceases to exist. Since good deals on r[阅读全文:]
摘要: A tendency for the winning bid in an auction to exceed the intrinsic value of the item purchased. Because of incomplete information, emotions or any other number of factors regarding the item being au[阅读全文:]