Icarus factor is a term used to describe a situation when the management of the company sets too ambitious plans which ultimately do not work out and harm the company in the end.

Worn currency are worn out currency bills. They can be torn, damaged or simply be in bad condition. Banks are to accept these bills, exchange them for the proper ones for the clients. Bills themselves are getting exchanged as well.

Kangaroos is a collective name given to Australian stocks which are a part of Australia’s All-Ordinaries Index.

M2M economy is economic condition where transactions and economic operations are conducted between two machines rather than two people. AI is developing so fast that sooner or later it is going to become an every-day thing for us.

Options backdating is a practice of giving the option the price dated prior to the actual date of the issuance of the option. This way the price can be lower than the actual price of the option.

Inelastic is a term that is used to describe a constant demand for service of goods. That means that when the price for a service or goods goes up the demand stays the same, just like when the price for them goes down.

Par value is a value for the bond or for the stock beyond which a bond or a security in general can be deemed mature. For corporate-issued securities this is a price of $1000 and higher. For government bonds the amount has to be bigger. Securities can be traded both above and beyond par value.

Cambist is a person who has broad set of knowledge in currency exchange rates. It can also refer to a manual with exchange rates. Such manuals deem to be outdated sue to a variety of computer programs and lists.

Kill is a request to close the trade between the placement of order and its execution.

Cross currency couple is a couple that does not include USD and is traded in equity market. In this case currencies are traded against each other without the need to convert them into dollars.

Toxic asset is an asset that become illiquid as soon as it exists the secondary market as demand for them disappears. They are not traded commonly or at all as they are perceived as a sure way to lose money.

Secondary market is a market where traders sell assets they already own. A lot of people think of it as a stock market, but it is incorrect as stocks are also traded in the primary market. New York Stock Exchange and NASDAQ are the secondary markets.

Held order is a market term that describes an order that has to be filled immediately. A trader holding an order is expected to accept the best offer or bid depending on the kind of trade they are in for. There is not time for trader to wait and hold their position until the best offer comes along.

Registrat as a bank or a trust company that is responsible for keeping the records for the bond- and shareholders.

Reverse auction is a type of auctions where bidder bid for the price for the services that they are willing to provide. In reverse auction the buyers put up an offer for required goods or services and the sellers bid the amount they want to receive for providing said goods. In the end a seller with the lowest price wins.

The Ichimoku cloud is a gathering of technical indicators that shows support level and resistance level, as well as momentum and direction of the trend. The Cloud is taking multiple averages and projects them on the chart.

Merger is a process of uniting two companies in one company. There are different kinds and different reasons for every merger as well as for the process in general.

Demand pull inflation is an economic strategy that is used to describe what is going to happen to the economy of the country when the imbalance in supply-demand is too aggressive. To put is simple it is the effect occurring when there is too money and not enough goods.

Angel investor is a high net-worth individual who gives money to small startups and businesses. Angel investors are often found among family members and friends. These investors can help once or provide statistic help.

Stock split is an actions where a corporation splits its existing shares in several. The most popular splits are 2 for 1 or 3 for 1. That means that for one exiting share the shareholders now have 2 or 3 shares. with that the value of shares doesn’t change in the process of splitting.