What Is the GDP Price Deflator? The GDP (gross domestic product) price deflator, also known as the GDP deflator or the implicit price deflator, measures the changes in prices for all the goods and services produced in an economy. Key Takeaways The GDP price deflator measures the changes in prices for all the goods and
What Is a Global Depositary Receipt (GDR)? A global depositary receipt (GDR) is a negotiable financial instrument issued by a depositary bank. It represents shares in a foreign company and trades on the local stock exchanges in investors’ countries. GDRs make it possible for a company (the issuer) to access investors in capital markets beyond the
What Is Gearing? Gearing refers to the relationship, or ratio, of a company’s debt-to-equity (D/E). Gearing shows the extent to which a firm’s operations are funded by lenders versus shareholders—in other words, it measures a company’s financial leverage. When the proportion of debt-to-equity is great, then a business may be thought of as being highly geared
What Is the Gearing Ratio? Gearing ratios are financial ratios that compare some form of owner’s equity (or capital) to debt, or funds borrowed by the company. Gearing is a measurement of the entity’s financial leverage, which demonstrates the degree to which a firm’s activities are funded by shareholders’ funds versus creditors’ funds. The gearing
What Is the Gemini Exchange? Gemini is a global cryptocurrency exchange. Founded in 2014, the Gemini Exchange, also known as the Gemini Trust Company, is the brainchild of Cameron and Tyler Winklevoss, the famous investors, twins, and Harvard classmates of Mark Zuckerberg. Key Takeaways Gemini Exchange is a cryptocurrency trading service that combines an exchange
What Is the GARCH Process? The generalized autoregressive conditional heteroskedasticity (GARCH) process is an econometric term developed in 1982 by Robert F. Engle, an economist and 2003 winner of the Nobel Memorial Prize for Economics. GARCH describes an approach to estimate volatility in financial markets. There are several forms of GARCH modeling. Financial professionals often
What Is the VND (Vietnamese Đồng)? The term VND refers to the currency abbreviation for the Vietnamese dồng. The dồng is the national currency for Vietnam, which replaced the use of separate North and South Vietnamese money in 1978. The dồng is considered an exotic currency because of the lack of interest in it on
What Is the Vanuatu Vatu (VUV)? The Vanuatu Vatu (VUV) is the national currency of the Republic of Vanuatu, an island nation located in the Pacific Ocean. The VUV was introduced in 1981, replacing the New Hebrides franc. The Vanuatu vatu has no subunit, and is often represented with the symbol Vt. Key Takeaways The
What Is the Samoan Tala (WST)? The Samoan Tala (WST) is the national currency of the Independent State of Samoa, located among the Polynesian islands east of Australia, and should not be confused with American Samoa. The WST, represented in writing using the symbol WS$, SAT, ST, or T, subdivides into 100 sene. The word “tala” is
What Is the Zambian Kwacha (ZMK)? The Zambian kwacha (ZMK) is the official legal tender and national currency of the Republic of Zambia, issued by the country’s central bank, the Bank of Zambia. The Zambian kwacha derives its name from the word for “dawn” in the Nyanja language, and is subdivided into 100 ngwee but steady
