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  • Term Certain Method

    A method of calculating minimum distributions from a retirement account based on the account holder's life expectancy. According to the term certain method, the distribution or ...
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  • After-Acquired Collateral

    Collateral for a loan obtained after the borrower has already entered into a loan agreement. The necessity for after-acquired collateral arises when the borrower has insufficient ...
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  • Tight Market

    A market with narrow bid-ask spreads. A tight market for a security or commodity is characterized by abundant liquidity and frenetic trading activity. Intense price competition on ...

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  • Fudget

    A falsified statement of income and expenses. A fudget or "fudget budget" fudges the numbers to present a more attractive picture of a budget than the financial situation that really ...
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  • Tokyo Commodity Exchange - TOCOM

    The largest marketplace in Japan, and one of the largest marketplaces in the world, for the buying and selling of raw or primary goods, such as natural resources. The Tokyo Commodity ...

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