RACKETEERING
A criminal activity that is done to benefit an organization. Money laundering, extortion, bribery, loan sharking and obstruction of justice are some of the examples. In 1970, the Racketeer Influenced and Corrupt Organizations or RICO Act became a U.S. law, allowing law enforcement to charge individuals or groups with racketeering.
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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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