What Are FANG Stocks? In finance, the acronym “FANG” refers to the stocks of four prominent American technology companies: Meta (META) (formerly Facebook), Amazon (AMZN), Netflix (NFLX), and Alphabet/Google (GOOG). FANG stocks are famous for the impressive growth they have shown in recent years, with each member more than doubling over the past five years.
What is the Farm Credit System (FCS)? The Farm Credit System (FCS) is a nationwide lending network which specializes in serving the agricultural community. It is made up of cooperative banks and associations who provide credit to individuals and businesses throughout the United States. The FCS assists the rural community and organizations of all types and sizes
What Is the Federal Agricultural Mortgage Corporation (FAMC)? The Federal Agricultural Mortgage Corporation (FAMC)—also known as Farmer Mac—was founded by an act of Congress in 1987 in response to the farm crisis in the United States. The crisis caused thousands of farmers to default on their loans and also resulted in the failure of many
What Is Farm Income? Farm income refers to profits and losses that are incurred through the operation of a farm or agricultural business. A farm income statement (sometimes called a farm profit and loss statement) is a summary of income and expenses that occurred during a specified accounting period. This period is usually the calendar
What Is the Farm Price Index (FPI)? The term Farm Price Index (FPI) refers to an economic indicator produced by the United States Department of Agriculture’s (USDA) National Agricultural Statistics Service (NASS). The purpose of the FPI is to monitor the prices received by farmers for the sale of crops and livestock, feed price ratios
What Is the Financial Accounting Standards Board (FASB)? The Financial Accounting Standards Board (FASB) is an independent nonprofit organization responsible for establishing accounting and financial reporting standards for companies and nonprofit organizations in the United States, following generally accepted accounting principles (GAAP). The FASB was formed in 1973 to succeed the Accounting Principles Board and
What Is Financial Accounting Standard 157 (FAS 157)? Financial Accounting Standard 157 (FAS 157) is the Financial Accounting Standards Board (FASB)’s controversial fair value accounting standard, which was introduced in 2006, in the run-up to the global financial crisis, and is now known as Accounting Standards Code Topic 820. Key Takeaways In 2006, the U.S.
What Is Fast Fashion? Fast fashion is the term used to describe clothing designs that move quickly from the catwalk to stores to take advantage of trends. The collections are often based on styles presented at Fashion Week runway shows or worn by celebrities. Fast fashion allows mainstream consumers to purchase the hot new look
What Is a Fast Market? A fast market is a market condition that will be officially declared by a stock market exchange when the financial markets are experiencing unusually high levels of volatility combined with unusually heavy trading. Fast markets occur rarely, but when one does occur, brokers are not held to the same constraints
What Is the Fast Market Rule? The fast market rule is a rule in the United Kingdom that permits market makers to trade outside quoted ranges when an exchange determines that market movements are so sharp that quotes cannot be kept current. The purpose of the fast market rule is to maintain an orderly market
