What is the Euro Interbank Offered Rate (Euribor)? The Euro Interbank Offered Rate, or Euribor, is a benchmark interest rate that reflects the average rate at which major banks in the Eurozone lend unsecured funds to one another. It’s published daily by the European Money Markets Institute (EMMI) and plays a key role in pricing…
What is a Market Order? Market order refers to a request made by an investor to purchase or sell a security at the best possible price. Market orders are usually executed by a broker or brokerage service on behalf of their clients who want to take advantage of the best price available on the current…
What is Momentum? Momentum is the observation that financial assets trending strongly in a certain direction will continue to move in that direction. The concept of momentum is based on similar theories in physics, where an object in motion tends to stay in motion unless disrupted by an external force. In finance, momentum refers to…
What is a Market Indicator? A market indicator is a quantitative tool that is used by traders to interpret financial data in order to forecast stock market movements. Market Indicators vs. Technical Indicators Market indicators are considered a subset of technical indicators, but the two share fundamental differences. Market indicators are calculated in the same…
What is a Market Leader? Market leader refers to a company that holds the largest market share in the sector that it operates in. A market leader will typically enjoy the largest fraction of total sales in a given market. A market leader tends to outperform its competitors in metrics that measure business success. The…
What is Market Manipulation? Market manipulation refers to artificial inflation or deflation of the price of a security. Also known as price manipulation or stock manipulation, it involves the literal manipulation of a financial market for personal gain. It means influencing the behavior of the securities with the intent to do so. Market manipulation can…
What is Base Pay? Base pay is the minimum salary paid to an employee. It can also be interpreted as a fixed amount paid to an employee for a certain job. Base pay is only one component of an employee’s total compensation and does not include overtime pay, bonuses, benefits, or insurance. The rate can…
What is Full Time Equivalent (FTE)? Full Time Equivalent (FTE) refers to the unit of measurement equivalent to an individual – worker or student – one unit of a work or school day, applicable in a variety of contexts. In most cases, full time equivalents measure an employee or student and/or their workload. For example,…
What is a Bank Identification Number (BIN)? A bank identification number (BIN) represents the first four to six digits on a credit card. The first four to six digits identify the financial institution that issued the card. The BIN is a security measure to protect both consumers and merchants engaging in online transactions. It can…
