A symbol used specifically upon the consolidated tape to indicate a security trading ex-distribution. Typically, a stock will depreciate in price immediately…

A symbol used specifically upon the consolidated tape to indicate a security trading ex-rights. Typically, a stock will depreciate in price immediately…

A symbol used to signify that a security is trading ex-warrant.This symbol is often used in financial newspapers.

A method of evaluating two or more measured events to compare the results at one time period with those from another time period (or series of time periods)…

The period beginning January 1st of the current year up until today's date. YTD describes the return so far this year. For example: the year to date…

The rate of return anticipated on a bond if it is held until the maturity date. YTM is considered a long-term bond yield expressed as an annual rate…

The lowest potential yield that can be received on a bond without the issuer actually defaulting. The yield to worst is calculated by making worst-case…

A class of self-made millionaires that live relatively modest lives. Instead of spending wealth on gaining luxurious items and living expensive lifestyles…

The currency abbreviation for the South African rand (ZAR), the currency for South Africa. The South African rand is made up of 100 cents and is often…

A checking account in which a balance of zero is maintained by automatically transferring funds from a master account in an amount only large enough to…

A swap agreement between a municipality and a financial intermediary. Also known as a "perfect swap" or "actual rate swap". The municipality pays a fixed…

A method of budgeting in which all expenses must be justified for each new period. Zero-based budgeting starts from a "zero base" and every function within…

The constant spread that will make the price of a security equal to the present value of its cash flows when added to the yield at each point on the spot…

The currency abbreviation for the Zambian kwacha (ZMK), the currency for Zambia. The Zambian kwacha is made up of 100 ngwee and is often presented with…

The currency abbreviation for the Zimbabwe dollar (ZWD), the currency for Zimbabwe. The Zimbabwe dollar is made up of 100 cents and is often presented…