What Is an ETF Wrap? An exchange-traded fund (ETF) wrap is a type of special investment portfolio in which an investor—with or without the aid of an investment advisor—invests solely in ETFs. The composition of each ETF class is initially based on a pre-selected asset allocation model; it will periodically need to be rebalanced in
What Is Ether (ETH)? Ether is the transactional token that facilitates operations on the Ethereum network. All of the programs and services linked with the Ethereum network require computing power, equipment, internet connections, and maintenance. Ether is the payment users give to network participants for executing their requested operations on the network. Metaphorically speaking, it is
What Is Ethereum? At its core, Ethereum is a decentralized global software platform powered by blockchain technology. It is most commonly known for its native cryptocurrency, ether (ETH). Ethereum can be used by anyone to create any secured digital technology. It has a token designed to pay for work done supporting the blockchain, but participants
What Is Ethical Investing? Ethical investing refers to the practice of using one’s ethical principles as the primary filter for the selection of securities investing. Ethical investing depends on the investor’s views. Ethical investing is sometimes used interchangeably with socially conscious investing; however, socially conscious funds typically have one overarching set of guidelines that are used
What Are Exchange-Traded Notes (ETNs)? Exchange-traded notes (ETNs) are types of unsecured debt securities that track an underlying index of securities and trade on a major exchange like a stock. ETNs are similar to bonds but do not have interest payments. Instead, the prices of ETNs fluctuate like stocks. Key Takeaways An exchange-traded note (ETN) is
What Is the Eurasian Economic Union (EAEU)? The Eurasian Economic Union (EAEU) is an international economic union and free trade zone comprising countries located in central and northern Asia and Eastern Europe. The founding member states of Belarus, Kazakhstan, and Russia established the union by treaty in 2014 and officially implemented the agreement beginning on
What Is the Euro Interbank Offer Rate (Euribor)? Euribor, or the Euro Interbank Offer Rate, is a reference rate that is constructed from the average interest rate at which eurozone banks offer unsecured short-term lending on the inter-bank market. The maturities on loans used to calculate Euribor often range from one week to one year.
What Is the Euro? The euro is the official currency of the European Union (EU), adopted by 19 of its 27 member nations. It is the world’s second most popular reserve currency after the U.S. dollar, and the second most traded. Key Takeaways The euro is the official currency of the European Union (EU), adopted
What Are Euro Notes? Euro notes are the legal tender in the form of paper banknotes that can be used in exchange for goods and services in the eurozone. Euro notes come in seven denominations: 5; 10; 20; 50; 100; 200; and 500 euros. The supply of euro notes is controlled by the European Central
What Is the Equity Multiplier? The term equity multiplier refers to a risk indicator that measures the portion of a company’s assets that is financed by shareholders’ equity rather than by debt. The equity multiplier is calculated by dividing a company’s total asset value by the total equity held in the company’s stock. A high
