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Mining
Of or pertaining to the process or business of extracting materials, such as ore or minerals, from the earth's crust.
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Yankee bonds
Financial services; General Finance
Foreign bonds denominated in U.S. dollars and issued in the United States by foreign banks and corporations. These bonds are usually registered with the SEC. Such as, bonds issued ...
unbiased expectations hypothesis
Financial services; General Finance
Theory that forward exchange rates are unbiased predictors of future spot rates. See Forward parity.
uptick trade
Financial services; General Finance
A transaction that takes place at a higher price than the preceding transaction involving the same security. Related: Tick test rules.
boarding pass
Aviation; Airport
A permit to board a ship, plane, train, or other form of transportation.
yield to maturity
Financial services; General Finance
The percentage rate of return paid on a bond, note, or other fixed income security if the investor buys and holds it to its maturity date. The calculation for YTM is based on the ...