- Industry: Financial services
- Number of terms: 73910
- Number of blossaries: 1
- Company Profile:
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Insurance that a construction contract will be completed successfully.
Industry:Financial services
The risk that a project will not be brought into operation successfully.
Industry:Financial services
An increase in the value of one currency relative to another currency. Appreciation occurs when, because of a change in exchange rates, a unit of one currency buys more units of another currency.
Industry:Financial services
A long-term asset, such as land or a building, not purchased or sold in the normal course of business.
Industry:Financial services
An undertaking either (1) to complete a project so that it meets certain specified performance criteria on or before a certain specified date, or (2) to repay project debt if the completion test cannot be met.
Industry:Financial services
Taking advantage of divergences in exchange rates in different money markets by buying a currency in one market and selling it in another market.
Industry:Financial services
An economic theory that describes the relationship between risk and expected return, and serves as a model for the pricing of risky securities. The CAPM asserts that the only risk that is priced by rational investors is systematic risk, because that risk cannot be eliminated by diversification. The CAPM says that the expected return of a security or a portfolio is equal to the rate on a risk-free security plus a risk premium multiplied by the assets systematic risk. Theory was invented by William Sharpe (1964) and John Lintner (1965).
Industry:Financial services
The theory that processes with a large number of seemingly independent agents can spontaneously organize themselves into a coherent system.
Industry:Financial services
