Month: June 2020

Counterparty risk is the likelihood or probability that one of those involved in a transaction might default on its contractual obligation. Counterparty risk can exist in credit, investment, and trading transactions.

A private finance initiative (PFI) is a way of financing public sector projects through the private sector. PFIs alleviate the government and taxpayers of the immediate burden of coming up with the capital for these projects.

A P-test is a statistical method that tests the validity of the null hypothesis which states a commonly accepted claim about a population. Though the term null is a bit misleading, the objective is to test accepted fact by attempting to disprove, or nullify, it. The P-test can provide the evidence that can either reject or fail to reject (statistics speak for ‘inconclusive’) a widely accepted claim.

Variance (σ2) in statistics is a measurement of the spread between numbers in a data set. That is, it measures how far each number in the set is from the mean and therefore from every other number in the set.

Human resources or HR is the company department charged with finding, screening, recruiting, and training job applicants, and administering employee-benefit programs. As companies reorganize to gain a competitive edge, HR plays a key role in helping companies deal with a fast-changing environment and the greater demand for quality employees.

Volatility arbitrage is a trading strategy that attempts to profit from the difference between the forecasted future price-volatility of an asset, like a stock, and the implied volatility of options based on that asset.

Embezzlement refers to a form of white-collar crime in which a person or entity misappropriates the assets entrusted to him or her. In this type of fraud, the embezzler attains the assets lawfully and has the right to possess them, but the assets are then used for unintended purposes.

TreasuryDirect is the online platform through which investors can purchase federal government securities directly from the U.S. Department of the Treasury. TreasuryDirect sells Treasury bills, notes, bonds, Treasury inflation-protected securities (TIPS), and savings bonds, all of which are backed by the full faith and credit of the U.S. government and are used to finance the federal debt.

Embezzlement refers to a form of white-collar crime in which a person or entity misappropriates the assets entrusted to him or her. In this type of fraud, the embezzler attains the assets lawfully and has the right to possess them, but the assets are then used for unintended purposes.

TreasuryDirect is the online platform through which investors can purchase federal government securities directly from the U.S. Department of the Treasury. TreasuryDirect sells Treasury bills, notes, bonds, Treasury inflation-protected securities (TIPS), and savings bonds, all of which are backed by the full faith and credit of the U.S. government and are used to finance the federal debt.