Term of the Day: Half Commission Man
Definition of ‘Half Commission Man’ A half commission man is an individual who introduces clients to stock brokers or other market professionals in exchange for an agreed upon percentage of any...
View ArticleTerm of the Day: Dead Presidents
Definition of ‘Dead Presidents’ Slang referring to U.S. paper currency. Dead presidents can refer to any unit of currency, but most often refers to George Washington, whose picture is on the $1 bill....
View ArticleTerm of the Day: Chartalism
Definition of ‘Chartalism’ A non-mainstream theory of money that emphasizes the impact of government policies and activities on the value of money. The early-20th-century German economist Georg...
View ArticleTerm of the Day: Wanton Disregard
Definition of ‘Wanton Disregard ‘ A standard of severe negligence. Wanton disregard is a very serious accusation that indicates that a person behaved extremely recklessly. Wanton disregard is not...
View ArticleTerm of the Day: Zomma
Definition of ‘Zomma’ An options greek used to measure the change in gamma in relation to changes in the volatility of the underlying asset. Zomma, though considered a third level greek, is a first...
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