Fortune 100
What is the Fortune 100? The Fortune 100 is a list of the top 100 public and private companies in the United States ranked by revenue. Fortune magazine generates this list based on reported annual revenue figures to a government agency. The list is a subset of the published Fortune 500, which is a list...
Keiretsu
What is Keiretsu? Keiretsu is an interconnected network of companies characterized by strong alliances and cross-shareholding that originated from Japan and dominated the economy during the last half of the 20th century, particularly after World War II. The keiretsu still exists in the 21st century, undergoing radical changes since its formation. Keiretsu is best described...
Forfaiting
What is Forfaiting? Forfaiting is the provision of medium-term financial support for the import and export of capital goods. The forfaiter is a third party to transactions that takes on certain risks from importers and exporters in return for a margin. The forfaiter operates similarly to a central clearing counterparty in the OTC markets. Forfaiting...
Folio Number
What is a Folio Number? A folio number is an identification code for one’s own account in a mutual fund. Similar to a bank account number, a folio number helps identify the investors within a fund. It also records the amount of money each investor has allocated within the fund, along with the contact and...
Currency Pair
What is a Currency Pair? A currency pair is a quotation of two different currencies, where one is quoted against the other. The first listed currency within a currency pair is called the base, while the second currency that is the benchmark is called the quote. Currency pairs are meant to be compared against one...
