Book value can apply to an individual asset, a security, or a company, and tends to be pretty straightforward. Whatever value an asset is given on a balance sheet is its book value. For a tangible asset, this is calculated as the cost of the asset minus accumulated depreciation.
For a business, this is total assets minus intangible assets (which includes items such as patents and goodwill), minus liabilities. This is also called the "net asset value" (NAV) of a company, and this is what the shareholders would be able to divide up if the company were liquidated. NAV is also used in the pricing of mutual fund shares.
On May 6, 2010, investors around the world were shocked when the Dow Jones fell nearly 1,000 points in a matter of minutes
Growth mutual funds invest in companies that are developing and/or have a high potential for growth, as the name implies
IPOs are initial public offerings of a private company ready to turn public and trade on an exchange
The IRS requires IRA owners to take distributions starting at age 70 ½
Operating profit is synonymous to operating income, and represents a company’s profitability from its core operations
FERS is essentially comprised of the Thrift Savings Plan (TSP), which is a 401(k)-type plan for federal employees
Generally the lower income amounts will correspond to lower percentage toward federal income tax than higher income
Market exposure is the degree to which an investor is participating in the risks and returns of the market as a whole
Market indicators are quantitative tools for the analysis of market information, which may hint or confirm that a trend
The Form 6251 is used to calculate the alternative minimum tax (AMT) for individuals who have high income but low taxes