Lower up Price Definition

Lower up Price Definition

What Is a Split Payment? A split payment involves using multiple payment sources to settle the whole cost of a single transaction. A person using two different credit cards to pay for an item or a table of restaurant guests splitting the bill three ways are both common examples of split payments. Key Takeaways A

Backed ADRs Definition

Backed ADRs Definition

What Is Sponsored ADR? A sponsored ADR is an American depositary receipt (ADR) that a bank issues on behalf of a foreign company whose equity serves as the underlying asset. A sponsored ADR creates a legal relationship between the ADR and the foreign company, which absorbs the cost of issuing the security. Unsponsored ADRs can

Spontaneous Belongings

Spontaneous Belongings

What Are Spontaneous Assets? Spontaneous assets are balance sheet items that typically grow in proportion to sales such as accounts receivable or inventory. Spontaneous assets are accumulated automatically as a result of a company’s day-to-day business activity and are often included as a firm’s current assets on the balance sheet. However, fixed assets, such as

Spoofy Definition

Spoofy Definition

Who Is Spoofy? Spoofy is a mysterious trader who’s allegedly involved in manipulating cryptocurrency exchanges. Spoofy is named after spoofing, a strategy considered illegal in equity exchanges. Key Takeaways Spoofy is the name given to an unknown trader who, in 2017, was suspected of manipulating prices on the Bitfinex trading platform.The name “Spoofy” was assigned

Spot Commodity Definition

Spot Commodity Definition

What Is a Spot Commodity? In finance, the term “spot commodity” refers to a commodity that is being sold with the intention of being delivered to the buyer fairly immediately—either presently or within only a few days. As their name suggests, spot commodities are commodities that trade on the spot market. Likewise, a spot commodity’s