ARM’S LENGTH MARKET
It is a type of financial market that is composed of many parties with no contact or relationship with each other aside from they’re doing transactions. In the US Market, Arm’s length market is considered to be the majority of exchanges wherein sellers and buyers are often matched according only to the details of the transaction. These parties will never know each other and they were actually involved together in a transaction.
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Robert C. Merton
American economist who won the 1997 Nobel Memorial prize in Economic Sciences, along with Myron Scholes, for developing the Black-Sholes model, whi ...
Buy Stops Above
Recommendation to purchase a given security once a security’s price surpasses a particular resistance level by putting a buy stop order at th ...
Admitted Company
An insurance company admitted and allowed by an another state to transact insurance business despite having a domiciled status on an another state. ...
Black Box Model
Computer program, process, or system processing the information entered by the user using pre-programmed logic in order to produce the user’s ...
Form 3903
A form issued by the IRS and used by taxpayers to deduct moving expenses related to taking a new job.
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