What Is Trade-Weighted Dollar? The trade-weighted dollar is an index created by the Federal Reserve (Fed) to measure the value of the U.S. dollar (USD), based on its competitiveness versus trading partners. Key Takeaways The trade-weighted dollar is an index created by the Fed to measure the value of the USD, based on its competitiveness
What Is a Trading Floor? A trading floor refers to a physical area wherein trading activities in financial instruments, such as equities, fixed income, futures, and options, take place. Trading floors are situated in the buildings of various exchanges, such as the New York Stock Exchange (NYSE) and the Chicago Board of Trade (CBOT). Trading
What Are Trading Assets? Trading assets are a collection of securities held by a firm for the purpose of reselling for a profit. They are recorded as a separate account from the investment portfolio and may include U.S. Treasury securities, mortgage-backed securities, foreign exchange rate contracts, and interest rate contracts. Trading assets include those positions
What is the Toronto Stock Exchange (TSX)? The term Toronto Stock Exchange (TSX) refers to a Canadian stock exchange located in Toronto, Ontario. Founded in 1861, the TSX is Canada’s premier stock exchange with more than 1,500 listed companies, including those from the energy, mining, technology, and real estate sectors. The exchange is also home
What Is a Torrens Certificate? A Torrens Certificate, also referred to as a certificate of title, is a document that assigns unassailable ownership of real property to the registered titleholder. The certificate acts as the ultimate authority on the title to a property, and its legal supremacy makes recording deeds unnecessary. Key Takeaways A Torrens Certificate
What Is Tort Law? Tort law is the area of the law that covers most civil suits. In general, any claim that arises in civil court, with the exception of contractual disputes, falls under tort law. The concept of tort law is to redress a wrong done to a person and provide relief from the
What Is a Total Return Index? A total return index is a type of equity index that tracks both the capital gains as well as any cash distributions, such as dividends or interest, attributed to the components of the index. A look at an index’s total return displays a more accurate representation of the index’s
What Is a Total Bond Fund? A total bond fund is a mutual fund or exchange-traded fund that seeks to replicate a broad bond index. A total bond fund owns many securities across a range of maturities, from both public and private sectors. The most common index used as a benchmark is the Barclays Aggregate
What Is the Total Debt Service (TDS) Ratio? The total debt service (TDS) ratio—total debt obligation divided by gross income—is a financial metric that lenders use to determine whether or not to extend credit, primarily in the mortgage industry. To calculate the percentage of a prospective borrower’s gross income already committed to debt obligations, lenders
What Is the Total-Debt-to-Total-Assets Ratio? Total-debt-to-total-assets is a leverage ratio that defines how much debt a company owns compared to its assets. Using this metric, analysts can compare one company’s leverage with that of other companies in the same industry. This information can reflect how financially stable a company is. The higher the ratio, the
