Glossary

The movement of money within a company represented by the difference between the opening balance and closing balance for a defined period of time. It identifies a company’s solvency.

A government or pseudo-government organization that manage a country’s monetary policy.

The document signifying ownership of a stock or bond.

A technical indicator designed by Mark Chaikin that measures momentum by starting with the Accumulation/Distribution line and applying two Exponential Moving Averages of varying lengths. The indicator is a plot of the difference of the value of the two preceding formulas.

A technical indicator which measures momentum, designed by Tushar Chande. The difference between the sum of losses and the sum of gains are divided by the sum of prices for a given period.

A form of bankruptcy that mandates a reorganization of a debtor’s business assets and operations (also referred to as "restructuring").

A re-payment plan for debtor’s to settle their debts through installments to their creditors.

A form of bankruptcy protection from creditors granted to individuals or companies that requires liquidation of certain assets to pay debt.

A designation granted by the Market Technician Association to individuals who have demonstrated mastery of technical market analysis via a series of three exams.

A market analysis approach that uses visual statistical data of securities prices as a decision support tool in making trades based on price trend.