Like a commission, discount, or interest, it is some percentage to the existing price.

When a trader believes the price of a share, bond, or commodity will lower in the near future, that trader can sell a share, bond, or commodity before actually buying […]

That in the foreseeable future, a company will continue to operate as it is doing so now, is a significance principle in accounting. When the worth of a running business […]

A commodity traded on the spot and futures market , this is a well-known precious metal. Gold is sold by market contract. 100 troy ounces is a unit of gold […]

The spot price of gold bullion and gold related contracts the world over is set every business day at 10:30 a.m. and 3:30 p.m., GMT, twice daily, by experts in […]

Securities associated with gold like those for gold mining, refining, and selling are the focus of most or all of the resources this type of mutual fund invests. Known also […]

The use of gold reserves as the backing of a country’s currency. This system requires that these currencies be freely convertible into gold at a fixed price, and that the […]

Each member country of the International Monetary fund (IMF) contributes this amount of gold as part of its membership obligations to the fund. Each country can easily borrow against this […]

COMMON STOCKS that appear to be financially sound on the surface, but which feature little substance when examined more closely.

To accept a ‘voluntary separation’ or retirement proposal, this incentive is offered to an unwanted employee. Also refer to golden handshake .

Providing consulting services, public relations gigs, or remaining connected to the company somehow, an executive’s severance package provides generous perks in exchange.

Contractual reasons that keeps a key employee or a former owner working with a firm. A penalty for premature termination could require relinquishing all unvested stock. In exchange, the person […]

A severance or an incentive to leave the firm with no fuss or controversy . Generous bonus offered to a director, employee, or partner at termination . Also refer to […]

Incentive to another firm’s employee to join the offering firm.

A part of the compensation package offered, such as large bonuses or company stock options, seeks to keep executives in their current positions when their company is acquired.

To compensate for loss of office after a takeover or merger, a huge bonus and/or a lucrative contract or a stockholding (shareholding) in the new setup is offered to a […]

Unless doing so would be patently absurd, courts should hold to commonly understood meanings of the words of a document .

A line divided into two unequal parts that have ratios stated as: the ratio of the smaller part (‘a’) to the larger part (‘b’) is the same ration as the […]

Developed by Goldman Sachs . A system used by investment managers and advisors to research, order buys and sells, and calculate outcomes. A computerized investment portfolio management system.

US-based investment bank . Deals in a wide ranges of financial services . Investment banking, prime brokerage, commercial banking, and asset management are its main focus areas . Goldman Sachs […]

In Hindu law. An agent; a steward; a confidential factor; a representative .

Heavy, bulk commodities are shipped in this type of container. Aggregates, structural steel , scrap metal, steel beams, or poles are examples of such bulk. They are sized to the […]

Entity defunct or soon to be defunct. Goodwill value is gone. Worth of any tangible assets is now tied to auction or liquidation . Debt is now due, full and […]

In medical Jurisprudence . A venereal disease , characterized by apurulent inflammation of the urethra.

1. Valid; sufficient in law; effectual ; unobjectionable.2. Responsible ; solvent; able to pay an amount specified.3. Of a value corresponding with its terms; collectible. A note is said to […]