Currency substitution is a process of using a foreign currency instead of the national one in order to conduct all of the legal and governmental transactions. Usually countries using the system do not have an acting Central Bank or money for international trading.

 

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Unseasoned security is s type of asset that hasn’t been in the market for too long and thus it is impossible to predict its future movements and behavior. There is no historic data which traders could rely on in order to predict the movements.

 

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Kamikaze defense is a defense technique used by companies in order to avoid a takeover. It involves inflicting self-harm in order to make themselves look less attractive for a takeover. It is quite a desperate move, but quite effective.

 

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Breakup value is a value of the company is usually counted id the company touches several segments of the market. It is an added value of all of the segment of the publically traded company.

 

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Y-Shares are the class of institutional shares which are usually offered by the open-end mutual fund. This class of shares usually demands a very high entry fee – usually starting with $25.000. they usually come with the benefit of waived and limited load charges and lower comparative annual fees.

 

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Recession proof is a term that is used to describe an asset, a company or an industry that can withstand the effects of the recession. Assets that are recession proof are usually included in the portfolio in order to protect it from huge losses as a result of retreats and recessions.

 

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Doctor copper is a joke along name that traders give to copper for its ability to predict reverse points in global economy. It is an ability that copper gained due to its representation in multiple sectors of the economy – from housing development to tech development. This makes demand for copper enormous and thus copper can reflect the climate in world economy very fast.

 

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Net loss can occur when losses exceed the profits and the gains for a certain period of time. Those businesses that go through net loss do not necessarily go bankrupt as they can use their retained earnings or loans in order to stay afloat.

 

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Activity charge is a type of fee that is used to cover the cost of services done on an account. It can be triggered by trader’s activity on a said account or by certain events.

 

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