The currency abbreviation for the Swaziland lilangeni (SZL), the currency for Swaziland. The Swaziland lilangeni is made up of 100 cents and is often presented with the symbol L or E for emalangeni (plural) in the form L1, E5, E7, etc. |||The Swaziland lilangeni replaced the South African rand at par in 1974, and has remained at par since. Being at par allows Swaziland to be a member of the Southern African Customs Union (SACU), where import taxes are uniformly applied, and the Common Monetary Area (CMA), in which unrestricted funds movement is permitted.
A figure used by real estate investment trusts (REITs) to define the cash flow from their operations. It is calculated by adding depreciation and amortization expenses to earnings, and sometimes quoted on a per share basis. |||The FFO-per-share ratio should be used in lieu of EPS when evaluating REITs and other similar investment trusts.
A relatively new form of derivative contract (the first ones were traded in 2002) that is based on the future value of some national economic indicator, such as non-farm payrolls, the purchasing manager's index, retail sales levels and the gross domestic product. Most of these economic derivatives are in the form of binary or "digital" options, whereby the only payout options are full payout (in the money) or nothing at all (out of the money). Other types of contracts currently traded include capped vanilla options and forwards.Economic derivatives have become attractive for their ability to mitigate some of the market and basis risks found in standard investment vehicles. For example, a binary option trading on the GDP would pay its face value if, when the official GDP release is made (the exercise date), the GDP value falls within a specific range (strike range). If the GDP figure is outside of this range, the option expires worthless. By looking at the implied probabilities of different outcomes, economists and investors can compare economic derivatives to Wall Street estimates and look for discrepancies between the two estimations. As might be expected, the market-driven process seen in derivatives pricing has shown itself to be the more consistently accurate predictor of future indicator release values.
An investment strategy where investors immediately purchase a stock and then do research and due diligence afterwards. This is a highly speculative investment strategy, we don't recommend ever using it.
A division of ProFunds Group that manages short and leveraged investment funds that trade on various stock exchanges. These funds are designed to allow investors to take hedging and speculative positions without having to purchase derivatives. ProShares trade like any other ETF and can be purchased and sold like stocks. ProShares offers dozens of different ETF products, all designed to perform specific speculative investment strategies. They are divided into three categories: short, ultra and alpha. Short ProShares behave inversely to the market, while Ultra ProShares amplify market performance by a factor of two. The Alpha fund tracks the performance of the Credit-Suisse Index.
A type of entrepreneur who seeks to market or produce an invention of his or her own creation. Inventreprenuers can exist in any industry that moves forward from new inventions or discoveries, such as technology, communications, transportation or heavy industry. Inventrepreneurs abound in certain sectors, such as technology, where new inventions are churned out on a daily basis. Successful inventrepreneurs must have business savvy, an unwavering belief in their product and also the necessary time and capital to market their invention. Though this is a lot of qualities to possess, the rewards for successful inventrepreneurs can be enormous.
The currency abbreviation for the Syrian pound (SYP), the currency for Syria. The Syrian pound is made up of 100 qirsch (Arabic), or piastre (English/French), although because of inflation, qirsch is no longer used. |||The Syrian pound was introduced in 1919 to replace the Turkish lira. This initial pound was pegged to the French franc at a rate of 20 francs to 1 pound, until 1941 when the peg changed to the British pound at a rate of 8.83125 Syrian pounds to 1 British pound.Over the years, the peg has changed a number of times: 1946: 1 Syrian pound = 54.35 French francs 1947: 2.19148 Syrian pounds = 1 U.S. dollar From 1961 onward, a series of official exchange rates ran parallel to fluctuating market rates, which diverged greatly.
A company that specializes in index calculation. Although not part of a stock exchange, co-owners include the London Stock Exchange and the Financial Times. |||The FTSE is similar to Standard & Poor's in the United States. They are best known for the FTSE 100, an index of blue-chip stocks on the London Stock Exchange.