What is a Variable-Rate Certificate of Deposit? A variable-rate certificate of deposit (CD) is a financial product that is offered by commercial bank institutions and credit unions that allows customers to deposit and save their money for a fixed period of time with varying interest rates. How Variable-Rate CDs Work Variable-rate certificates of...
What is a Non-Traded REIT? A non-traded REIT refers to a real estate investment trust (REIT) that is not listed and traded on a public exchange. Non-traded REITs allow investors to access diversified real estate investments with little capital requirements and added taxation benefits. Real Estate Investment Trust (REIT) Explained A real estate investment trust...
What is a Money Market Account (MMA)? A money market account (MMA) is a type of savings account that features the traits of a checking account – namely, it comes with checks and/or a debit card and the ability to complete a few transactions monthly without incurring bank fees. The Federal Reserve, however, still classifies...
What is Net Volume? Net volume is used to indicate the difference between a security’s uptick volume and downtick volume. Uptick volume is the volume of a company’s shares that are traded when the stock price is rising. Similarly, downtick volume is the volume of shares that are traded when the stock price is falling....
What is a League Table? A League Table is a list of investment bankers that highlights their rankings in the deal-making industry. Popular services provided by investment bankers include underwriting, mergers and acquisitions (M&A), and financial and legal advisory services. A league table can be ranked according to several metrics, such as Deal Value, Deal...