Compensation that is granted to upper echelon employees, directors, consultants and related parties that is not fully disclosed in mandatory company filings. In some cases of camouflage compensation, the compensation is fully disclosed, but in such a way that it is very difficult for the average investor to decipher the true value of gross pay compensation. Non-qualified deferred compensation plans, SERPs, stock options, stock appreciation rights and share grants are all potential places where compensation can be hidden from analysts and shareholders. The SEC has proposed new regulations to more completely disclose the full cost of compensation to related parties, consultants, directors and employees.
The stock exchange headquartered in Sydney, Australia. |||The ASX was formed in 1987 after six independent stock exchanges that operated in the state capital cities were combined into one entity.
The currency abbreviation for the Latvian lat (LVL), the currency for Latvia. The Latvian lat is made up of 100 santïms and is often presented with the symbol Ls before the numerals, or s after them (Ls100 or 100s). |||The Latvian lat replaced the Latvian ruble in 1922, but was replaced by the USSR ruble in 1940 when Latvia became part of the USSR. In 1993, Latvia regained its independence, and the lat was restored as the official currency, replacing the ruble at a rate of 1:200. Latvia planned to adopt the euro in 2008, but was unable to reduce its inflation to the required level in time to do so.
In the currency market, this is the abbreviation for the Australian dollar. |||The currency market, also known as the foreign exchange market or forex, is the largest financial market in the world, with a daily average volume of over US$1 trillion.
The act of placing buy/sell orders for financial securities and/or currencies with the use of a brokerage's internet-based proprietary trading platforms. The use of online trading increased dramatically in the mid- to late-'90s with the introduction of affordable high-speed computers and internet connections.Stocks, bonds, options, futures and currencies can all be traded online. The use of online trades has increased the number of discount brokerages because internet trading allows many brokers to further cut costs and part of the savings can be past on to customers in the form of lower commissions. Another benefit of online trading is the improvement in the speed of which transactions can be executed and settled, because there is no need for paper-based documents to be copied, filed and entered into an electronic format.
A form of bingo played by audiences where the bingo card is made up of business buzzwords instead of numbers. The players check off the buzzwords uttered by the speaker and quietly say "Bingo!" when a full line of buzzwords is filled in on their card. Buzzword bingo is typically played among audience members who are convinced that the speaker has little or no knowledge of the subject that he or she is speaking about. The speaker therefore employs reams of buzzwords in his or her dialog in an attempt to mask this deficiency. The concept was conceived in the early 1990s and popularized in the "Dilbert" comic strip.
An indicator used in technical analysis as an objective value for the strength of trend. ADX is non-directional so it will quantify a trend's strength regardless of whether it is up or down. ADX is usually plotted in a chart window along with two lines known as the DMI (Directional Movement Indicators). ADX is derived from the relationship of the DMI lines. |||Analysis of ADX is a method of evaluating trend and can help traders to choose the strongest trends and also how to let profits run when the trend is strong.
A mortgage-financing technique with which the buyer attempts to obtain a lower interest rate for at least the first few years of the mortgage, but possibly its entire life. The builder or seller or the property usually provides payments to the mortgage-lending institution, which, in turn, lowers the buyer's monthly interest rate and therefore monthly payment. The home seller, however, increases the purchase price of the home to compensate for the costs of the buydown agreement. Buydowns are easy to understand if you consider them a mortgage subsidy made to the homebuyer on behalf of the seller. Typically, the seller contributes funds to an escrow account that subsidizes the loan during the first years, resulting in a lower monthly payment for the homebuyer. This lower payment allows the homebuyer to qualify more easily for the mortgage.Most buydowns last for a period of one to five years, and the mortgage payments increase once the buydown expires.