What Is a Quoted Price? A quoted price is the most recent price at which an investment (or any other type of asset) has traded. The quoted price of investments such as stocks, bonds, commodities, and derivatives changes constantly throughout the day as events occur that affect the financial markets and the perceived value of
What Does R Mean? In securities trading, the letter R has a special meaning when added to the end of a ticker symbol. The letter R has a different meaning when applied as part of financial formula where it usually means some form of return. On the NASDAQ exchange, R is used as a fifth
What Is Rabbi Trust? A rabbi trust is a trust created to support the non-qualified benefit obligations of employers to their employees. A rabbi and his congregation first used this type of trust after an Internal Revenue Service (IRS) private letter ruling approved its use; it has been referred to as a rabbi trust ever
What Is the Race to the Bottom? The race to the bottom refers to a competitive situation where a company, state, or nation attempts to undercut the competition’s prices by sacrificing quality standards or worker safety (often defying regulation), or reducing labor costs. A race to the bottom can also between governments to attract industry or tax revenues. For
What Is Racketeering? The term racketeering broadly refers to criminal acts, typically those involving extortion, that involve a “racket”. A racket, being some sort of scheme organized to extract illegal profits. It is usually used in reference to patterns of illegal activity specified in the Racketeer Influenced and Corrupt Organizations Act (RICO). This is a
What Is Radio Frequency Identification (RFID)? Radio Frequency Identification (RFID) is a technology that uses radio waves to passively identify a tagged object. It is used in several commercial and industrial applications, from tracking items along a supply chain to keeping track of items checked out of a library. Key Takeaways Radio Frequency Identification (RFID)
What is Radner Equilibrium? The Radner Equilibrium is an extension of Arrow-Debreu general equilibrium that explores the condition of competitive equilibrium under uncertainty to explain the real world existence of financial institutions and markets, such as money and stock exchanges. Radner Equilibrium was first introduced by American economist Roy Radner in a 1968 paper and
Rafael Miranda Robredo served as CEO of Endesa, one of Spain’s largest electric utilities. He led the company during Spain’s deregulation of the electricity sector. Key Takeaways Rafael Miranda Robredo is the former CEO of Spanish electric utility Endesa.After the deregulation of the electricity market sector, Robredo acquired other electric companies and expanded into Latin
What Is a Raider? A raider is an investor that seeks to squeeze out a quick profit from failing and undervalued companies. Armed with deep pockets and plenty of financial backing, they buy big enough stakes in these companies to give them significant voting rights and then use this influence to take new measures to
What Is a Rally? A rally is a period of sustained increases in the prices of stocks, bonds, or related indexes. A rally usually involves rapid or substantial upside moves over a relatively short period of time. This type of price movement can happen during either a bull or a bear market, when it is
