Kickback is a bribing technique that is used to butter up the executives. A client gives an official a reward or percentage from the earnings as a thank you for a favorable behavior and good services. Considered illegal and has consequence.
QQQQ is an old name used for Nasdaq 100 Index. This index consists of 100 biggest and most commonly traded non-financial stocks of Nasdaq. The index is also known as QUADRUPLE Qs. The official symbol is QQQ Trust or QQQ.
A yield elbow is the point on the yield curve indicating the year in which the economy had the highest interest rate. It is the graphical relationship between the yield and maturity of bonds with various maturities and the same credit quality, at a specific point in time.
Liquid asset is an asset that can be turned in cash extremely fast. Usually liquid assets take no hits in price as everything happens to quickly for the price to change significantly. The most liquid market if currencies’ market.
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