What Is a Frozen Account? A frozen account is a bank or investment account through which no transaction can be made. Account freezes are normally the result of a court order and, in some cases, they may be done by the bank itself. This usually occurs when the account holder has unpaid debts to creditors
What Is a Frugalista? Frugalista is a neologism defined in 2008 by the Oxford New American Dictionary as “a person who lives a frugal lifestyle but stays fashionable and healthy by swapping clothes, buying secondhand, growing own produce, etc.” The word gained popularity as the 2008 financial crisis unfolded, and it was discussed by The
What Is the Federal Trade Commission (FTC)? The Federal Trade Commission (FTC) is an independent, bipartisan agency of the U.S. government tasked with protecting consumers and ensuring a strong competitive market. Lina Khan is the current Chair of the Federal Trade Commission (FTC). Its principal purpose is to enforce non-criminal antitrust laws in the United States
What Is a Forward Triangular Merger? A forward triangular merger, or indirect merger, is when a company acquires a target company through a subsidiary, or shell company. The acquired company is merged into this shell company, which assumes all the target’s assets and liabilities. Key Takeaways A forward triangular merger is the acquisition of a
What Is Funds Transfer Pricing (FTP)? Funds transfer pricing (FTP) is a system used to estimate how funding is adding to the overall profitability of a company. FTP sees its most significant use in the banking industry where financial institutions use FTP as a way to analyze the strengths and failings of the firm within
What Is File Transfer Protocol (FTP)? The term file transfer protocol (FTP) refers to a process that involves the transfer of files between devices over a network. The process works when one party allows another to send or receive files over the Internet. Originally used as a way for users to communicate and exchange information
The FTSE4Good Index Series is a list of environmental, social, and governance (ESG) stock indexes created and maintained by the Financial Times Stock Exchange-Russell Group (FTSE). Learn more about these indexes and how they work. Key Takeaways The FTSE4Good Index Series is a series of SRI/ESG equity indexes that include companies with positive reputations for
What Is FTSE RAFI U.S. 1000 Index? The FTSE RAFI U.S. 1000 Index is a benchmark for the share prices of the largest 1,000 companies in the United States ranked according to certain fundamentals. The four fundamental factors are dividends, book value, sales, and cash flow. Launched on Nov. 28, 2005, with a base value
What Is Fugit? Fugit, from the latin tempus fugit, is the amount of time that an investor believes is left until it would no longer be beneficial to exercise an option early, or the likelihood that an American-style option will be exercised before it expires. The fugit concept was named and created by the economist
What Is a Fulcrum Fee? A fulcrum fee is a performance-based fee that adjusts up or down based on outperforming or underperforming a benchmark. Fulcrum fees can be charged by a financial adviser or an asset manager to qualified clients to link outperformance (or lack thereof) to compensation. Key Takeaways A fulcrum fee is a
