Eu Investment Monetary establishment (EIB) Definition

Eu Investment Monetary establishment (EIB) Definition

What Is the European Investment Bank? The European Investment Bank (EIB) is a nonprofit European Union institution based in Luxembourg. The EIB makes loans and guarantees and also provides technical assistance and venture capital for business projects that are expected to further EU policy objectives. While almost 90% of EIB lending occurs within the EU, most of the

Eurosclerosis Definition

Eurosclerosis Definition

What Is Eurosclerosis? The term “Eurosclerosis” was popularized by German economist Herbert Giersch in a 1985 paper of the same name. He used it to refer to the economic stagnation that can result from excessive regulation, labor market rigidities, and overly generous welfare policies. Eurosclerosis (which stems from the medical term sclerosis, meaning the hardening

Eurostrip Defined

Eurostrip Defined

What Is a Eurostrip? A eurostrip, short for “eurodollar futures strip,” is a type of interest rate derivative that allows the holder to hedge against changes in interest rates. It consists of buying a series of three-month futures contracts known as eurodollars. Therefore, if a trader wishes to hedge their risk for one year, they would

What It Is, How It Works

What It Is, How It Works

What Is an Employee Stock Purchase Plan? An employee stock purchase plan (ESPP) is a company-run program in which participating employees can purchase company stock at a discounted price. Employees contribute to the plan through payroll deductions which build up between the offering date and the purchase date. At the purchase date, the company uses