Covered interest arbitrage
Occurs when a portfolio managerinvests dollars in an instrumentdenominated in a foreign currency and hedges the resulting foreign exchange risk by selling the proceeds of the investment forward for dollars.
Mimic
An imitation that sends a false signal.
Qualifying share
Shares of common stock that a person must hold in order to qualify as a director of the issuingcorporation.
Mark Berch:Common-size statement
A statement in which all items are expressed as a percentage of a base figure, useful for purposes of analyzing trends and changing relationship among financial statement items. For example, all items in each year's income statement could be presented as a percentage of netsales.
Distribution stock
A small amount of a specific stock that forms part of a larger block of stock that is sold small amount by small amount so as not to disrupt the stock's market price.
Bullish
Word used to describe an investor's attitude. Bullish refers to an optimistic outlook, while bearish means a pessimistic outlook. Mark Berch
Passive income
Income (such as investment income) that does not come from active participation in a business. Specified by the U.S. tax code.
