2011-11-29 10:12:52 版主
The process of trading goods and services without the use of money.
A particular time period used for comparative purposes when measuring economic data.
A period in which a stock price has very little or no trend resulting in a flat price pattern.
Basis Point (BP)
A measure of a bond’s yield, equal to 1/100th of 1% of yield. A bond whose yield increases from 5.0% to 5.5% is said to increase by 50 basis points.
A market in which prices of a certain group of securities are falling or are expected to fall. Although figures can vary, a downturn of 15%-20% or more in multiple indexes (Dow or S&P 500) is considered a bear market.
An illegal practice whereby investors attempt to push the price of a stock lower by taking large short positions and spreading unfavorable rumors about the target firm.
A security not registered in the issuing corporation’s books but is payable to its bearer (the person possessing it).
The book value of goods, inputs, or materials available for use or sale at the beginning of an inventory accounting period.
A field of economics that studies how the actual decision-making process influences the decisions that are reached.
A field of finance that proposes psychology-based theories to explain stock market anomalies. Within behavioral finance it is assumed that the information structure and the characteristics of market participants systematically influence their investment decisions as well as market outcomes.
Anything that serves as a standard for something’s performance to be measured against.
A bond that provides a standard for comparing the performance of other bonds. Government bonds are almost always used as benchmark bonds.
A person or firm that benefits from owning an asset even though they are not registered as a shareholder.
A person or entity named in a will or financial contract to be an inheritor of someone’s property when the property owner dies.
Benefit Cost Ratio - (BCR)
A ratio attempting to clearly identify the relationship between the cost and benefits of a proposed project.