A fraudulent investment scheme that purports to deliver extraordinarily high returns on investment. High-yield investment schemes often advertise yields of more than 100% per year in order to lure in victims. In reality, these high-yield investment programs are Ponzi schemes, and the organizers aim to steal the money invested. This scam is also known as the "prime bank scam". The SEC advises that there are several warning signs that investors can use to help avoid being victimized by high-yield investment program scams. These include excessive guaranteed returns, fictitious financial instruments, extreme secrecy, claims that the investments are an exclusive opportunity, and inordinate complexity surrounding the investments.
An independent U.S. government regulatory agency responsible for overseeing all interstate and international communications. The FCC acts to maintain standards and consistency among the ever-growing types of media and methods of distribution, while protecting the interests of both consumers and businesses. The agency is accountable to Congress. |||The FCC's actions are watched closely by stock market followers because they affect companies along many different business lines. The FCC allocates cellular and wireless accesss, regulates media company mergers and acquisitions, protects intellectual property rights and regulates standards of content and distribution for all media companies operating in the United States.
A supranational currency printed by the International Monetary Fund (IMF) that would be tied to a basket of reserve currencies. The concept of a global "super currency" has been periodically discussed between world leaders as well as endorsed by 2001 Nobel Memorial Prize-winner Joseph Stiglitz and well-known business leader George Soros for years. A super currency could also be tied to a single currency, but the interconnectedness of world financial markets and concerns about the volatility that can occur as a result of the system being tied to one currency have made this idea much less popular. |||Super-currency proponents have called for the IMF to use its special drawing rights (SDRs) - an internal international accounting system for IMF countries - to create a global super currency. The SDR was created in 1969 as a result of the Bretton Woods fixed exchange rate and is a global reserve asset based on a basket of existing currencies. One of the most critical concerns surrounding the creation of a super currency is that the introduction of new legal tender worldwide could be a catalyst for inflation. It could also potentially weaken individual countries' currencies and usurp or complicate the functioning of existing governing financial institutions.
An option with all the characteristics of an American vanilla option, with one exception: payment is deferred until the original expiration date. The option can be exercised at any time; however, payment is deferred until the original expiration date of the option. These options are considered long term options, with expiration dates at least one year away.
The minimum amount of return that a person requires before they will make an investment in something. This is the rate of return that will get someone "over the hurdle" and invest their money.
A company that distributes and redeems securities it issues. The most common open-end management companies are mutual fund companies which sell and redeem shares at the net asset value per share. This is just a fancy legal name for a mutual fund. An investor in an open-end fund essentially pools his/her money with other investors in order to attain economies of scale, professional management, etc. This differs from a closed-end fund which has a limited number of shares available. Unlike with open-end funds, an investor in a closed-end fund typically sells his/her shares on the open market to another investor instead of back to the fund company.
A set of accounts that is used to follow the flow of money within various sectors of an economy. Specifically, the account analyzes economic data on borrowing, lending and investment throughout sectors like households, businesses and farms. |||The accounts are tracked and analyzed by a country's central bank. In the United States, this is done by the Federal Reserve Bank, and the findings are provided approximately 10 weeks after the end of a quarter.The FOF accounts are used primarily as an economy-wide performance indicator. The data from the FOF accounts can be compared to prior data to analyze the financial strength of the economy at a certain time and to see where the economy may go in the future. The accounts can also be used by governments to formulate monetary and fiscal policy.
The latter month or months of an option or futures contract. For example, when considering a three-month option at the time of purchase months two and three could be thought of as deferred. In the second month of ownership, the third month could be considered deferred. The number of deferred months is part of what gives an option its time value, which is the difference between an option’s trading value and its intrinsic value. As the expiration date of an option nears, its time value diminishes. In terms of future contracts, if today is January 1 and the contract will be settled on September 1, September is considered the deferred month.