do you know what the "trade-weighted dollar" is?
Category: glossary by Z. T. From Plymouth, United Kingdom
"trade-weighted dollar " is A representation of the foreign currency price of the U.S. Dollar or the export value of the U.S. Dollar. When this index increases, the value of the dollar increases, making it easier for Americans to afford imports. However, an increase in the index also makes American exports more expensive in other countries.
what is the "stated annual interest rate"?
Category: glossary by R. G. From Luxembourg, Luxembourg
The annual rate of interest that does not account for compounding occurring within the year. Consider a stated annual rate of 10%. Compounded yearly this rate will turn $1000 into $1100. However, if compounding occurs monthly, $1000 would grow to $1104.70 by the end of the year, rendering an effective annual interest rate of 10.47%. The stated annual interest rate does not include the effects of intra year compounding while the effective annual interest rate does.
please tell me what "volume weighted average price" is
Category: glossary by O. Boone from Dublin, Ireland
a "volume weighted average price " is A trading benchmark used especially in pension plans. VWAP is calculated by adding up the dollars traded for every transaction (price multiplied by number of shares traded) and then dividing by the total shares traded for the day. Theory is that if the price of a buy trade is lower than the VWAP, it is a good trade. The opposite is true if the price is higher than the VWAP.
Will you suggest a site with small leverage ratio
Category: money by Jean S. From Bern, Switzerland
If you're looking for a heavenly forex platform with a low leverage rates, you must clearly try "Dukascopy". If you like the more safe way, "Dukascopy" offers a real low leverage of 100:01:00. The service is superb, you don't need to give up any of the money you made to the site, the minimum deposit starts with only $50000, and also the platform graphics are the greatest enhanced.
please define a "state guaranty fund"
Category: glossary by Yusuf Y. From Lexington-Fayette, United States
A fund administered by a U.S. State to protect policy holders in the event that an insurance company defaults on benefit payments or becomes insolvent. The fund only protects beneficiaries of insurance companies that are licensed to sell insurance products in that state. These state funds act as a form of insurance for insurance, and are funded by insurance companies that sell insurance in a given state. The amount of funding an insurance company is required to pay is a percentage, ranging from 1% to 2% of the net amount of insurance it sells within any particular state.
what is "short refinance"?
Category: glossary by I. Weiss from United Kingdom
The refinancing of a mortgage by a lender for a borrower currently in default on his or her payments. This is done to avoid foreclosure. Typically, the new loan amount is less than the existing outstanding loan amount and the difference is typically forgiven by the lender. A lender might do this because it is more cost effective than foreclosure proceedings. Foreclosure is an expensive solution for a lender for loans in default; not only does the lender not receive any payments for up to a year, but it may lose out on fees associated with the procedure. A short refinance is just one of several alternatives that might be more cost effective for the lender. It also allows the borrower to keep his or her home. Other potential solutions are entering into a forbearance agreement or a deed in lieu of foreclosure.
do you know what "s-3 filing" is?
Category: glossary by Jarvis N. From United States
The most simplified registration form. It can only be used by companies that have been required to report under the '34 Act for a minimum of twelve months and have met the timely filing requirements set forth under Form S-2. The offering and issuer must meet the eligibility tests prescribed by the form before having a secondary offering.
Is there any fx trading site that has perfected interface that you can advice me of?
Category: platform by Averie V. From United States
We believe "Global Forex Trading (GFT)" is the place if you look for a forex site that enables the best software. Their graphics are real great looking and the platform is a truly attractive one - this forex site has become a standard setter among its competitors. In addition, the download and installation of the system's program is a snap. The connection is disturbance free, it never breaks off even once while you're downloading, and it is simple to learn.
do you know what "proxy" is?
Category: glossary by Aliza H. From Barrie, Canada
A person who acts on behalf of a member of a company for the purpose of voting at a company meeting.
please tell me what the "gentleman's agreement" is
Category: glossary by Madyson T. From Cork, Ireland
a "gentleman's agreement " is An unwritten agreement or transaction backed only by the integrity of the counterparty to actually abide by the terms of the agreement. An agreement like this is not legally binding and could have a negative effect on business relationships if one party decides to default on their promise. For example, if an employee at a company says they will get you a job and you have nothing to worry about, this is an example of a gentleman's agreement. However if they are unable to get you the job then you have no legal recourse.