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Follow Term Of The Day
A symbol used specifically upon the consolidated tape to indicate a security that is trading ex-distribution or without the right to receive the next distribution.
Stock that is issued with a value much greater than the value of the issuing company's assets.
The time between the end of the business day of the first business day and the end of the business day of the second business day.
Created in 1798, the United States Department of the Treasury is the government (Cabinet) department responsible for issuing all Treasury bonds, notes and bills.
T. Boone Pickens
One of America's foremost oil and gas entrepreneurs, T. Boone Pickens chairs the BP Capital Management Hedge Fund. He is one of the richest men in the world, with a net worth in the billions.
The action of a company suspending salary increases for a period of time. By freezing salary increases for a given period, management is hoping the company will be able to produce better bottom line results by keeping fixed costs controlled.
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