What is a High-Yield Investment Program (HYIP)? A high-yield investment program (HYIP) is an unregistered investment vehicle that promises significantly higher returns with little or no risk. They are typically run by unlicensed individuals and are scams, taking money from new investors to pay existing investors. HYIP can also be referred to as a prime...
What is a Follow-On Offering? A follow-on offering (FPO) is when a public company issues more shares after their initial public offering (IPO). It happens when the company wants to raise more capital by giving out additional shares to finance projects, pay their debt, or make acquisitions. When a company is issuing a follow-on offering,...
What is the Hang Seng Index (HSI)? The Hang Seng Index (HSI) is a stock market index in Hong Kong. It records and monitors the daily changes in stock prices of the 50 largest Hong Kong stock market companies. As the companies represent almost 60% of the Hong Kong Stock Exchange, the Hang Seng Index...
What is Hard Call Protection? Hard call protection, also known as absolute call protection, is a requirement in a callable bond where the issuer does not have the ability to exercise the call before the specified date in the agreement. A callable bond is a type of bond where the issuer is allowed to redeem...
What is Quantitative Easing 2 (QE2)? Quantitative Easing 2 or QE2 refers to the second round of quantitative easing performed by the Federal Reserve. QE2 was essentially a monetary policy tool used to foster economic development in the United States in response to the global recession of 2007/2008. The policy was established and integrated in...