DOLLAR SHORTAGE
Situation in which a country has insufficient supply of US dollar to be used in international trade. One way a nation can amass dollar is to export more products paid in dollars. But many countries are net importers, hence they do not naturally accumulate enough dollar through balance of payments. Countries with dollar shortage may request assistance from the United States for temporary liquidity.
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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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