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Investments glossary

Organisation for Economic Co-operation and Development (OECD)

The Organisation for Economic Co-operation and Development (OECD) is a group of 34 member countries that discuss and develop economic and social policy. OECD members are democratic countries that support free-market economies.

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Investments glossary

Social Security Administration (SSA)

The Social Security Administration (SSA) is a U.S. government agency that administers social programs covering disability, retirement, and survivors’ benefits. It was created in 1935 by President Franklin D. Roosevelt. Previously operating under the Department of Health and Human Services, the SSA has operated as a wholly independent agency since 1994.1

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Investments glossary

Original Equipment Manufacturer (OEM)

An original equipment manufacturer (OEM) traditionally is defined as a company whose goods are used as components in the products of another company, which then sells the finished item to users.

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Investments glossary

Kellogg School of Management

The Kellogg School of Management is the business school at Northwestern University. It provides both full- and part-time programs as well as executive education curriculums at both the master’s and doctorate levels. The school has partnerships with learning institutions in several other countries, including China, India, Hong Kong, Israel and Germany.

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Investments glossary

Zombie Title

A zombie title is a real estate title that remains with a homeowner who is under the impression that he or she has lost the property to foreclosure, and that the title has passed to the lender.  Zombie titles are the result of lenders initiating foreclosure proceedings by issuing a notice of foreclosure and then unexpectedly dismissing it.

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Investments glossary

Workout Agreement

A workout agreement is a mutual agreement between a lender and borrower to renegotiate terms on a loan that is in default. Generally, the workout includes waiving any existing defaults and restructuring the loan’s terms and covenants. A workout agreement is only possible if it serves the interests of both the borrower and the lender.

Categories
Investments glossary

Kellogg School of Management

The Kellogg School of Management is the business school at Northwestern University. It provides both full- and part-time programs as well as executive education curriculums at both the master’s and doctorate levels. The school has partnerships with learning institutions in several other countries, including China, India, Hong Kong, Israel and Germany.

Categories
Investments glossary

Zombie Title

A zombie title is a real estate title that remains with a homeowner who is under the impression that he or she has lost the property to foreclosure, and that the title has passed to the lender.  Zombie titles are the result of lenders initiating foreclosure proceedings by issuing a notice of foreclosure and then unexpectedly dismissing it.

Categories
Investments glossary

Workout Agreement

A workout agreement is a mutual agreement between a lender and borrower to renegotiate terms on a loan that is in default. Generally, the workout includes waiving any existing defaults and restructuring the loan’s terms and covenants. A workout agreement is only possible if it serves the interests of both the borrower and the lender.

Categories
Investments glossary

Upside Gap Two Crows

The upside gap two crows pattern is a three-day formation on candlestick charts that typically develops in the following manner: Day 1 – A bullish day that continues the uptrend, represented by a long white candlestick, which indicates that the closing price of the index or security is well above the opening price.