Month: October 2020

John Elkann is a global automotive industrialist who earns the title through both family connections and a lot of work for his family and his businesses. Elkann is the chairman of Italian automaker Fiat Chrysler, a global automobile brand that also includes Alpha Romeo, Chrysler, Dodge, Jeep, Maserati, and Ferrari. He is also the chairman of Exor, a holding company that controls Fiat Chrysler and other brands. He is also the owner of the Juventus football club, a popular sporting team in Turin, Italy. read more

A work cell is a logical and strategic arrangement of resources in a business environment. These arrangements are put into place to organize and improve process flow, increase efficiency, reduce costs, and eliminate wastage.

Level 1 assets include listed stocks, bonds, funds or any assets that have a regular mark to market mechanism for setting a fair market value. These assets are considered to have a readily observable, transparent prices and therefore a reliable, fair market value.

Cash back often refers to two types of financial transactions related to credit and debit cards that have grown increasingly popular in the last two decades. Most commonly, it’s a credit card benefit that refunds the cardholder a small percentage of the amount spent on each purchase, or purchases above a certain dollar threshold.

Level 1 assets include listed stocks, bonds, funds or any assets that have a regular mark to market mechanism for setting a fair market value. These assets are considered to have a readily observable, transparent prices and therefore a reliable, fair market value.

Cash back often refers to two types of financial transactions related to credit and debit cards that have grown increasingly popular in the last two decades. Most commonly, it’s a credit card benefit that refunds the cardholder a small percentage of the amount spent on each purchase, or purchases above a certain dollar threshold.

A market-on-close (MOC) order is a non-limit market order, which traders execute as near to the closing price as they can—either exactly at, or slightly after the market close. The purpose of a MOC order is to get the last available price of that trading day. MOC orders are not available in all markets or from all brokers.

Narrow money is a category of money supply that includes all physical money such as coins and currency,  demand deposits and other liquid assets held by the central bank. In the United States, narrow money is classified as M1 (M0 + demand accounts). In the United Kingdom, M0 is referenced as narrow money.

A household employee is an individual who is paid to provide a service within their employer’s residence. Employers choose what kinds of work a household employee is responsible for and the manner in which that work is expected to be completed. Some examples of household employees (or household workers) include babysitters, nannies, and gardeners. Independent contractors such as repairmen, carpenters, and plumbers are not considered household employees.

Market depth is the market’s ability to sustain relatively large market orders without impacting the price of the security. Market depth considers the overall level and breadth of open orders and usually refers to trading within an individual security.