What is the Korean Composite Stock Price Index (KOSPI)? The Korean Composite Stock Price Index (KOSPI) is a group of indexes that track the stock exchange in South Korea. It was previously named the Korea Stock Exchange. Just as the NASDAQ Composite Index and the S&P 500 Index are representative stock market indexes in the…
Who are Discouraged Workers? Discouraged workers are a group of individuals in an economy who have been actively looking for work but have given up due to feeling discouraged from consistent unemployment and failed efforts of looking for work opportunities. Also referred to as marginally attached to the labor force, discouraged workers are excluded when…
What is an Endogenous Variable? An endogenous variable is a variable that depends on other variables in a statistical and/or economic model. If the value changes for an endogenous variable, it is because there are changes to its relationships with other variables in the same model. Therefore, it is similar to a dependent variable because…
What is End-to-End? End-to-end solutions refer to the process where a system or service is carried out from beginning to end without assistance from a third-party. A solutions provider strives to deliver a fully functional system, service, or project from start to finish. For example, there will only be one vendor supplying a system’s software…
What is Eurocurrency? Eurocurrency is a currency that is deposited at a foreign bank outside of its home country. Contrary to its name, the term does not refer to euros that are deposited outside of Europe. It is a general term that applies to all currencies that are deposited anywhere outside of its local country….
What is a Structured Note? A structured note is a hybrid security that combines multiple payoffs from multiple securities, usually a bond and a derivative. The bond component makes up approximately 80% of the investment and provides principal protection to investors. The derivative component makes up the remaining 20% of the investment and provides upside…
What is Stratified Random Sampling? Stratified random sampling is a sampling method in which a population group is divided into one or many distinct units – called strata – based on shared behaviors or characteristics. Stratification refers to the process of classifying sampling units of the population into homogeneous units. In stratified random sampling, any…
What is the Straight Line Basis? The straight line basis is a method used to determine an asset’s rate of reduction in value over its useful lifespan. Other common methods used to calculate depreciation expenses of fixed assets are sum of year’s digits, double-declining balance, and units produced. Straight line basis is the simplest technique…
