INTERNATIONAL DEPOSITORY RECEIPT - IDR
A negotiable certificate issued by a bank which shows ownership of stock of the underlying stock of a foreign company, which the bank holds in trust. Known as the American Depository Receipt (ADR), it represents shares of quality issuers from numerous developed and emerging markets. IDRs in Europe is also called Global Depository Receipts, while in London, these are Luxembourg and Frankfurt exchanges.
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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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SEE FOREX TUTORIAL
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A Guide to Your Personal Income Tax: Avoid Awful Surprises
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