NDA
Last step taken by a drug sponsor for securing an approval needed to market a new drug in the United States. A comprehensive document, it comprises of 15 sections including figures and analyses on animal and health studies, drug’s pharmacology, toxicology and dosage, and process of creating the drug. Once submitted, the Food and Drug Administration (FDA) has 60 days to determine whether it is subject for review or rejected.
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Housing Bubble
A run-up in housing prices fueled by demand, speculation and the belief that recent history is an infallible forecast of the future. Housing bubble ...
Low Exercise Price Option - LEPO
A call option for investors that has a price of 1 cent with an agreement to buy 1000 shares. This cannot be executed until its expiry. It works lik ...
Callable Security
A security with an enclosed call provision that gives the person who issues to redeem or repurchase the security by a particular period. Since the ...
Shadowing
Shadowing is the creation of values for variables that are not dependent strictly to market value. This means that these variable have market value ...
Pass-Through Rate
Pass-through rate is the net
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