What is Noncumulative? Noncumulative refers to a type of preferred stock for which dividends are not accumulated over time. The company is not obliged to pay noncumulative stockholders any unpaid dividends. For example, if a company fails to pay dividends over two years and pays out in the third, noncumulative stockholders only have claims on...
What is Scalping? Scalping is a day trading strategy where an investor buys and sells an individual stock multiple times throughout the same day. It is a popular trading technique that’s been around for a long time and is a common way to take advantage of a daily run up on a stock or sector....
What is Sensex? Sensex, also known as the S&P BSE Sensex Index, is the benchmark index that tracks India’s Bombay Stock Exchange (BSE). The Sensex is composed of the 30 largest and most-traded stocks within the BSE, which ultimately measures India’s economic activity and performance. The Sensex Index is reviewed every six months, alternating between...
What is the Korea Investment Corporation (KIC)? The Korea Investment Corporation (KIC) is a sovereign wealth fund established by the government of the Republic of Korea on July 1, 2005, under the KIC act. The corporation’s purpose is “to increase national wealth and contribute to the growth of Korea’s finance industry.” KIC’s Vision and Mission...
What is International Trade? International trade is an exchange involving a good or service conducted between at least two different countries. The exchanges can be imports or exports. An import refers to a good or service brought into the domestic country. An export refers to a good or service sold to a foreign country. International...