QUINTILES
A value of a set of data that is 20% of a given population. A range of data is divided into five equal parts; each is 1/5th or 20%. The first quartile is the lowest fifth, from 1-20%; the second quartile is the second fifth, from 21-40%, and so on.
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Regional Fund
Regional fund basically refers to a mutual fund that invests in a certain geographic area overseas, such as Europe, Asia or Latin America.
Drilling Mud
Liquid used in drilling boreholes, used in clearing the hole of debris from the drilling process, to ease the drill bit, and to pressurize the hole ...
Financial Asset Securitization Investment Trust - FASIT
A financing tool that allows for the securitization of non-mortgage assets and usually involves debt obligations with short maturities such as cred ...
Operating Cost
This the expenses involved in operating a business on a daily basis. It includes both variable and fixed costs.
Kellogg School of Management
This is Northwestern University’s business school which offers undergraduate program, doctoral program, executive education program, executiv ...
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A Guide to Becoming a Finance Expert
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Buying a Home: Everybody’s Goal
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