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Investments glossary

Ghetto

A ghetto is an urban area with low property values and little public or private investment. Ghettos may be characterized by high unemployment, high rates of crime, inadequate municipal services, and high drop-out rates from schools. Real estate values read more

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Investments glossary

Customer

A customer is an individual or business that purchases another company’s goods or services. Customers are important because they drive revenues; without them, businesses have nothing to offer. Most public-facing businesses compete with other read more

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Investments glossary

Multiples Approach

The multiples approach is a valuation theory based on the idea that similar assets sell at similar prices. It assumes that a ratio comparing value to a firm-specific variable, such as operating margins, or cash flow is the same across similar firms.

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Investments glossary

JMD (Jamaican Dollar)

JMD is the currency abbreviation for the Jamaican dollar, the official currency for island nation of Jamaica, and is subdivided into 100 cents. The currency symbol for JMD (Jamaican Dollar) is J$ or JA$.

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Investments glossary

Named Beneficiary Definition

A named beneficiary is an individual, decreed by a written legal document, who is entitled to collect assets from a trust, insurance policy, pension plan account, IRA, or any other financial instrument. Multiple named beneficiaries of a single property read more

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Investments glossary

Health Reimbursement Arrangement (HRA)

A health reimbursement arrangement (HRA) is an employer-funded plan that reimburses employees for qualified medical expenses and, in some cases, insurance premiums. Employers are allowed to claim a tax deduction for the reimbursements they make through read more

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Investments glossary

Capital Project

A capital project is a long-term, capital-intensive investment project with a purpose to build upon, add to, or improve a capital asset. Capital projects are defined by their large scale and large cost relative to other investments that involve less read more

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Investments glossary

Life Income Fund (LIF)

A life income fund (LIF) is a type of registered retirement income fund (RRIF) offered in Canada that can be used to hold locked-in pension funds as well as other assets for eventual payout as retirement income. A life income fund cannot be withdrawn read more

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Investments glossary

Unwind

To unwind is to close out a trading position, with the term tending to be used when the trade is complex or large. Unwinding also refers to the correction of a trading error, since correcting a trading error may be complex or require multiple steps read more

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Investments glossary

Tether (USDT)

Tether is a blockchain-based cryptocurrency whose cryptocoins in circulation are backed by an equivalent amount of traditional fiat currencies, like the dollar, the euro or the Japanese yen, which are held in a designated bank account. Tether tokens, read more