Who Were the Elves in the Stock Market? “Elves” is a nickname for the 10 technical analysts who appeared regularly on the PBS television show “Wall Street Week.” The show aired between 1970 and 2005, and the analysts attempted to predict the direction of stock prices for the next six months using technical analysis. Key Takeaways: “Elves” is a nickname for the 10 technical analysts who
What Is an Exponential Moving Average (EMA)? An exponential moving average (EMA) is a type of moving average (MA) that places a greater weight and significance on the most recent data points. The exponential moving average is also referred to as the exponentially weighted moving average. An exponentially weighted moving average reacts more significantly to
What Is an Email Money Transfer (EMT)? An email money transfer (EMT) is a retail banking service that allows users to transfer funds between personal accounts, using email and their online banking service. Mostly used in Canada, email money transfers are often called Interac e-Transfers. EMTs are considered a secure method of transferring money because
What Is an Embargo? An embargo is a trade restriction, typically adopted by a government, a group of countries or an international organization as an economic sanction. Embargoes can bar all trade, or may apply only to some of it, for example to arms imports. They are designed to punish the targeted country for its
What Is Embedded Value? Embedded value (EV) is a common valuation measure used mainly by life insurance companies outside of North America to estimate the consolidated value of shareholders’ interest in an insurance company. Embedded value, also known as market consistent embedded value (MCEV), is calculated by adding the present value of future profits of a firm
What Is Embezzlement? Embezzlement refers to a form of white-collar crime in which a person or entity intentionally misappropriates the assets entrusted to them. In this type of fraud, the embezzler attains the assets lawfully and has the right to possess them, but the assets are then used for unintended purposes. Embezzlement is a breach of
What Is an Embossed Card? An embossed card is an electronic payment card with imprinted or stamped payment card details that can be felt above the card’s surface for taking a physical impression. Embossed details on credit cards and debit cards typically include the cardholder’s name and the card number. How Embossed Cards Work As
What Is Equity Market Capitalization? Equity market capitalization is an aggregate calculation that measures the total value of the entire equity market. This value is calculated by taking the individual market capitalizations of all available companies in the equity market and adding them together to arrive at the capitalization for the market as a whole.
What Is Europe, Middle East, and Africa (EMEA)? Europe, Middle East, and Africa (EMEA) is a geographical grouping and an acronym widely used by global corporations to define regional business activity. It is a shorthand method to refer to the three continents and their regional areas. Key Takeaways Europe, Middle East, and Africa (EMEA) refer
What Is an Effective Annual Interest Rate? An effective annual interest rate is the real return on a savings account or any interest-paying investment when the effects of compounding over time are taken into account. It also reflects the real percentage rate owed in interest on a loan, a credit card, or any other debt. It
