TRAILING STOP
Trade order which can be placed at a certain percentage away from the security’s current market price. For a long position, it is set below the security’s current market price; while for a short position, above the current price. Trailing stop aims to safeguard against an investment’s downfall while locking in profits. The stop order can also set a particular amount instead of a percentage. Also called chandelier stop.
POPULAR TERMS
Financial Modeling
A method of constructing a financial representation of all aspects of a firm or given security. It is typically characterized by performing calcula ...
Cost Center
Department, division, or unit within an organization responsible for providing additional funding to cover operation costs. It only contributes to ...
Xenocurrency
Xenocurrency refers to a currency which is trading in foreign markets such as those outside its domestic boundaries.
Hope Credit
A nonrefundable education tax credit that may be claimed for students that have yet to complete two years of post-secondary education. The Hope Cre ...
Specific Risk
Specific risk is also known as ‘unsystematic or diversifiable risk’. It is the risk that influences only specific assets which means th ...
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Health Savings Account: Eligibility
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