![]() |
|
Financial Terms | |
International Fisher effect |
Information about financial, finance, business, accounting, payroll, inventory, investment, money, inventory control, stock trading, financial advisor, tax advisor, credit.
Main Page: investment, inventory control, money, financial, finance, credit, inventory, financial advisor, |
Definition of International Fisher effectInternational Fisher effectStates that the interest rate differential between two countries should be an international Fisher effectTheory that real interest rates in all countries should be equal, with differences in nominal rates reflecting differences in expected inflation.
Related Terms:Antidilutive effectResult of a transaction that increases earnings per common share (e.g. by decreasing the Bank for International Settlements (BIS)An international bank headquartered in Basel, Switzerland, which Blue Ribbon Committee on Improving the Effectiveness of Corporate Audit CommitteesA committee formed in response to SEC chairman Arthur Levitt's initiative to improve the financial Calendar effectThe tendency of stocks to perform differently at different times, including such anomalies as Clientele effectThe grouping of investors who have a preference that the firm follow a particular financing Coinsurance effectRefers to the fact that the merger of two firms decreases the probability of default on ![]() Cumulative-Effect AdjustmentThe cumulative, after-tax, prior-year effect of a change in accounting Cumulative Effect of a Change in Accounting PrincipleThe change in earnings of previous years Cumulative Effect of Accounting ChangeThe change in earnings of previous years assuming Dilutive effectResult of a transaction that decreases earnings per common share. Domestic International Sales Corporation (DISC)A U.S. corporation that receives a tax incentive for Effective annual interest rateAn annual measure of the time value of money that fully reflects the effects of effective annual interest rateInterest rate that is annualized using compound interest. Effective annual yieldAnnualized interest rate on a security computed using compound interest techniques. Effective Annual YieldAnnualized rate of return on a security computed using compound ![]() Effective call priceThe strike price in an optional redemption provision plus the accrued interest to the Effective convexityThe convexity of a bond calculated with cash flows that change with yields. Effective dateIn an interest rate swap, the date the swap begins accruing interest. Effective durationThe duration calculated using the approximate duration formula for a bond with an Effective Exchange RateThe weighted average of several exchange rates, where the weights are determined by the extent of our trade done with each country. Effective Interest RateThe rate of interest actually earned on an investment. It is Effective margin (EM)Used with SAT performance measures, the amount equaling the net earned spread, or Effective rateA measure of the time value of money that fully reflects the effects of compounding. Effective spreadThe gross underwriting spread adjusted for the impact of the announcement of the common Effective Tax RateThe total tax provision divided by pretax book income from continuing effectivenessa measure of how well an organization’s goals Fisher effectA theory that nominal interest rates in two or more countries should be equal to the required real Fisher ratethe rate of return that equates the present values Fisher's separation theoremThe firm's choice of investments is separate from its owner's attitudes towards Information-content effectThe rise in the stock price following the dividend signal. International Bank for Reconstruction and Development - IBRD or World Bankinternational Bank for Reconstruction and Development makes loans at nearly conventional terms to countries for projects of high International Banking Facility (IBF)international Banking Facility. A branch that an American bank International bondsA collective term that refers to global bonds, Eurobonds, and foreign bonds. International Depository Receipt (IDR)A receipt issued by a bank as evidence of ownership of one or more International diversificationThe attempt to reduce risk by investing in the more than one nation. By International finance subsidiaryA subsidiary incorporated in the U.S., usually in Delaware, whose sole International fundA mutual fund that can invest only outside the United States. international fundA mutual fund that can invest in securities issued anywhere outside of Canada. International marketRelated: See external market. International Monetary FundAn organization founded in 1944 to oversee exchange arrangements of International Monetary Fund (IMF)Organization originally established to manage the postwar fixed exchange rate system. International Monetary Market (IMM)A division of the CME established in 1972 for trading financial International ReservesSee foreign exchange reserves. London International Financial Futures Exchange (LIFFE)A London exchange where Eurodollar futures London International Financial Futures Exchange (LIFFE)London exchange where Eurodollar futures as well as futures-style options are traded. Low price-earnings ratio effectThe tendency of portfolios of stocks with a low price-earnings ratio to Neglected firm effectThe tendency of firms that are neglected by security analysts to outperform firms that P/E effectThat portfolios with low P/E stocks have exhibited higher average risk-adjusted returns than high P/E stocks. Panel on Audit EffectivenessA special committee of the Public Oversight Board that was created Policy-Ineffectiveness PropositionTheory that anticipated policy has no effect on output. SIMEX (Singapore International Monetary Exchange)A leading futures and options exchange in Singapore. Small-firm effectThe tendency of small firms (in terms of total market capitalization) to outperform the Synergistic effectA violation of value-additivity whereby the value of the combination is greater than the Wealth EffectThe effect on spending of a change in wealth caused by a change in the overall price level. Weekend effectThe common recurrent low or negative average return from Friday to Monday in the stock market. Related to : financial, finance, business, accounting, payroll, inventory, investment, money, inventory control, stock trading, financial advisor, tax advisor, credit. |