CAPLET
European interest call option designating a maximum future interest for an interest rate derivative. Its duration is normally set to coincide with interest rate payment dates. Cap refers to the series of caplets. Usually, holders acquire a cap to shoulder back-to-back time periods.
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MSCI BRIC Index
An index which measures the equity market performance of the emerging market indexes of Brazil, China, India, and Russia. One of MSCI's Regiona ...
Stock Market Crash
Rapid and precipitous decline in stock prices or economic conditions, which can be the result of collapse of long-term speculative bubble, economic ...
Overhead Ratio
A comparison of operating expenses and total income that is not directly related to the production of a good or service. A firm's operating exp ...
European Financial Stablisation Mechanism - EFSM
Permanent fund created to provide financial assistance to EU member states in times of financial difficulties. In essence, it generates money throu ...
Alston D. Correll
CEO and chairman of Georgia Pacific, an ATlanta based paper and building material manufacturers. He joined the company in 1988 and become the COO a ...
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