MERTON MILLER
An American economist who was awarded the Nobel Memorial Prize in Economics in 1990, along with fellow American economists Harry Markowitz and William Sharpe, for their pioneering work on the Modigliani-Miller theorem. The theory states the connection between the firm’s worth and its debt-equity framework. Born in 1923, his research dealt on corporate finance and the economic and regulatory dilemma of the financial services industry.
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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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