USA Patriot Act

What is the USA PATRIOT Act? The Patriot Act, or USA PATRIOT Act, was passed shortly after the terrorist attacks in the United States that occurred on September 11, 2001, and gave law enforcement broader powers to investigate, charge, and bring terrorists to justice. It has also led to harsher penalties for committing and supporting terrorist crimes. Acronym for “Uniting …

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Futures Bundle Definition

What is a Futures Pack? A group of futures contracts is a type of futures order. The bundle allows an investor to simultaneously buy or sell a predefined number of futures contracts in each consecutive quarterly delivery month for one or more years. This single purchase of multiple futures contracts is called a purchase term bands. Key points to remember: …

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Singapore Dollar (SGD) Definition

What is the Singapore Dollar (SGD)? The term Singapore Dollar (SGD) refers to the official currency of the Southeast Asian island state of Singapore. Currency is issued and maintained by the country central bank. The dollar is abbreviated as SGD and is represented by the symbol S$ to distinguish it from other dollar-based currencies. Singapore dollar banknotes are printed in …

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Aftermarket Performance Definition and Example

What is secondary market performance? Secondary market performance is the change in the price level of a newly issued stock during a period after its initial public offering (IPO). No standard end time period is considered, but secondary market performance begins on the first day the IPO shares are publicly traded. By looking at the secondary market performance of all …

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eBay vs. Amazon: What’s the Difference?

eBay vs. Amazon: An Overview Whether you’re listing things at home in your pajamas, receiving cash directly, or dropping off packages in the mail, using eBay or Amazon is easier than the garage sales of yesteryear. But what major e-commerce which site is the best? It might be helpful to understand how each of these companies makes money. Key points …

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Coinsurance Definition

What is coinsurance? Coinsurance is the amount, usually expressed as a fixed percentage, that an insured must pay in the event of a claim once the deductible has been satisfied. In health insurance, a coinsurance provision is similar to a copayment provision, except copayments require the insured to pay a fixed dollar amount at the time of service. Some property …

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What Does Pet Insurance Cover?

Pet insurance is like human health insurance in many ways. The main difference concerns the restrictions imposed on most pet health insurance policies. For example, pet insurance rarely covers pre-existing conditions. Fortunately, despite these restrictions, it is possible to purchase pet insurance that offers a wide range of coverage, from routine care to major surgery. Coverage is provided by three …

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Reserves-to-Production Ratio Definition

What is the reserve-to-production ratio? The reserve-to-production ratio is an estimate of the number of years that a natural resource site will continue to be productive at current production rates. The ratio is used to predict many business factors such as the total income one can expect to derive from the source and the number of employees needed over its …

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Biggest Companies in the World by Market Cap

Les plus grandes entreprises du monde par capitalisation boursière opèrent dans une gamme de secteurs de marché différents, y compris la technologie, les services de communication, l’énergie, la consommation cyclique et les services financiers. La capitalisation boursière d’une entreprise est calculée en multipliant le nombre total de ses actions en circulation par le prix actuel du marché d’une seule action. …

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