Examlex
The Pennsylvania system is a philosophy of imprisonment that emphasized labor and meditation.In this system,offenders worked every day,but they did so in complete silence.
Spot Index
A real-time index that reflects the current prices of the securities included in the index.
Arbitrage Profit
The gain obtained from the simultaneous purchase and sale of the same or equivalent assets or commodities in different markets or in derivative forms.
Selling Short
The investment strategy of selling securities one does not currently own, with the expectation of buying them back later at a lower price.
Mark-To-Market
An accounting method where the value of assets and liabilities is adjusted to their current market values rather than being recorded at their original cost.
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