SUPER CURRENCY
Currency linked to a single currency or a basket of reserve currencies. Printed by the International Monetary Fund, the idea behind the super currency has been regularly discussed among world leaders, and also endorsed by Nobel Memorial Prize awardee Joseph Stiglitz and well-known business leader George Soros. However, the interconnectedness of global financial markets and concerns on volatility made the concept less popular due to the system being connected to one currency.
POPULAR TERMS
Multi-Factor Model
A financial model which uses numerous variable in its calculations to demonstrate market equilibrium and/or phenomena in asset prices. This model c ...
Strategic Default
Borrower’s decision to deliberately default on a debt obligation amid its capability to make the payments. Mortgage holders of residential an ...
Trading Below Cash
Situation in which a company’s total shares or market capitalization is lower than its cash on hand minus any debts. It occurs when its growt ...
Brand Equity
Value premium a firm earned from a product with goodwill and name recognition as compared to its generic counterpart. Having a brand equity leads t ...
Price Target
A target price level as stated by an investment advisor.
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