What Is a Hire Purchase Hire purchase is an arrangement for buying expensive consumer goods, where the buyer makes an initial down payment and pays the balance plus interest in installments. The term hire purchase is commonly used in the United Kingdom and it’s more commonly known as an installment plan in the United States.
What Is a Hiring Freeze? A hiring freeze is when an employer stops hiring workers, usually temporarily, in an effort to contain costs. Such cost-cutting may be the result of financial distress, but even large, successful companies may opt to pause hiring amid an economic slowdown, recession or instances of overcapacity. Hiring freezes may be
What Is a Histogram? A histogram is a graphical representation of data points organized into user-specified ranges. Similar in appearance to a bar graph, the histogram condenses a data series into an easily interpreted visual by taking many data points and grouping them into logical ranges or bins. Key Takeaways A histogram is a bar
What Is a Historical Cost? A historical cost is a measure of value used in accounting in which the value of an asset on the balance sheet is recorded at its original cost when acquired by the company. The historical cost method is used for fixed assets in the United States under generally accepted accounting
What Are Historical Returns? Historical returns are often associated with the past performance of a security or index, such as the S&P 500. Analysts review historical return data when trying to predict future returns or to estimate how a security might react to a particular situation, such as a drop in consumer spending. Historical returns
What Is Historical Volatility (HV)? Historical volatility (HV) is a statistical measure of the dispersion of returns for a given security or market index over a given period of time. Generally, this measure is calculated by determining the average deviation from the average price of a financial instrument in the given time period. Using standard
What Is Historic Pricing? Historic pricing is a unit pricing method used to calculate the value of an asset using the last valuation point calculated. Historic pricing is used when the value of an asset does not update in real time. Key Takeaways Historic pricing is a method for calculating an investment’s net asset value (NAV)
What Is Hit the Bid? “Hit the bid” is a term used when a trader agrees to sell at the bid price, the highest price a buyer is willing to pay for a security or asset. The “bid-ask” spread is the difference between the highest price that a buyer is willing to pay and the
What Is Hong Kong Exchanges and Clearing Limited (HKEx)? Hong Kong Exchanges and Clearing Limited (HKEx) is a publicly-traded holding company that is one of the largest market operators in the world. Its subsidiaries include the Stock Exchange of Hong Kong and the Hong Kong Futures Exchange. HKEx also manages four clearing houses in Hong
What Is HKUST Business School? HKUST School of Business and Management is a business school located at the Hong Kong University of Science and Technology (HKUST). Founded in 1991 and located in Clear Water Bay, Kowloon, the school offers both undergraduate and graduate programs. In 2020, HKUST business school was rated first in the Times
