What is a Seller’s Market? A seller’s market is a market where the demand for a product exceeds its supply. Generally, a seller’s market is characterized by a shortage of goods for sale, giving the seller the power to fix the price of commodities. A seller’s market is common in the real estate sector, where...
What is Seller’s Option? Seller’s option is a settlement option that allows a seller to set the timelines for the delivery of the underlying asset and determine when the final settlement will occur. Such a type of settlement option is available in forward contracts. It allows the seller some leeway in the specifications of a contract,...
What is a KSOP? A KSOP is a popular retirement plan that integrates the stock holding plan of an employee with a 401(k) plan. The organization would balance employee payments in shares rather than cash under the KSOP form of retirement package. By minimizing costs that would occur by running an employee stock ownership plan...
What is a Kangaroo Bond? A Kangaroo Bond refers to a bond issued by non-Australian issuers in Australian dollars (AUD) in Australia, in compliance with the local laws and regulations. The bonds provide global issuers with access to an additional and external capital market and a source of diversification of their investor base, eventually decreasing...
Who is James Tobin? Born on March 5, 1918, James Tobin is an American economist who was awarded the Nobel Prize for his work and analysis of financial markets and how they relate to production, prices, expenditure decisions and budgeting, and employment. Mr. Tobin focused on Keynesian economics, and his most prominent work was on...