What are Freedom Shares? Freedom shares, also known as savings notes, are original issue discount bonds issued by the U.S. Treasury between May 1967 and October 1970 with a 30-year maturity. Key Takeaways The U.S. Treasury sold Freedom shares from May 1967 to October 1970.Freedom shares were issued at 81% of face value and sold
What Is Freed Up? In the initial public offering (IPO) world, “freed up” refers to the time after the lock-up period when investment bank underwriters are no longer obligated to sell securities at the agreed-upon price. When an investment bank is freed up, it is allowed to trade any remaining securities at the prevalent market price.
What Is Free-Float Methodology? The free-float methodology is a method of calculating the market capitalization of a stock market index’s underlying companies. With the free-float methodology, market capitalization is calculated by taking the equity’s price and multiplying it by the number of shares readily available in the market. Rather than using all of the shares
What Is a Freelancer? A freelancer is an individual who earns money on a per-job or per-task basis, usually for short-term work as an independent contractor. A freelancer is not an employee of a firm and may therefore be at liberty to complete different jobs concurrently by various individuals or firms unless contractually committed to
What Is a Free Lunch? A free lunch refers to a situation where there is no cost incurred by the individual receiving the goods or services being provided. For example, if an individual needs to travel from New York to Boston and catches a ride with their friend without contributing to gas or meals along
What is Found Money Found money refers to any amount of money that has been rediscovered after being forgotten about or abandoned by the rightful owner. Understanding Found Money The term “found money” describes anything from a wad of discarded dollar bills one finds in the bottom of a washing machine to an uncollected asset discovered
What Are the Four Asian Tigers? The Four Asian Tigers are the high-growth economies of Hong Kong, Singapore, South Korea, and Taiwan. Fueled by exports and rapid industrialization, the Four Asian Tigers have consistently maintained high levels of economic growth since the 1960s, and have collectively joined the ranks of the world’s wealthiest nations. Hong Kong and
What Is Fourier Analysis? Fourier analysis is a type of mathematical analysis that attempts to identify patterns or cycles in a time series data set which has already been normalized. In particular, it seeks to simplify complex or noisy data by decomposing it into a series of trigonometric or exponential functions, such as sine waves.
What Are the 4 Ps of Marketing? The four Ps are the key considerations that must be thoughtfully reviewed and wisely implemented in order to successfully market a product or service. They are product, price, place, and promotion. The four Ps are often referred to as the marketing mix. They encompass a range of factors
What Is the Fourth Market? The fourth market refers to a market where securities trade directly between institutions on a private, over-the-counter (OTC) computer network, rather than over a recognized exchange such as the New York Stock Exchange (NYSE) or Nasdaq. It is similar to the third market, which involves exchange-listed securities that are being
