3-6-3 Rule

The "3-6-3" rule or formula in banking meant that a bank gives 3% interest on accounts, charges 6% interest on loans, and the banker is to be found on the golf course by 3 p.m. The…

330 Ramp Capital

The blog Zero Hedge, on April 8, 2013, published "Invest In '3:30 PM Ramp Capital LP' For 26.6% Annualized Outperformance." The New York Stock Exchange closes at 4 p.m.; at 3:30…

Alligator Spread

An "alligator spread" is a transaction is where the investor is unlikely to make much of a profit even if the markets move in the direction anticipated, primarily because the investor is…

Almighty Dollar

Washington Irving (1783-1859) was America's first great writer, and he authored the great American expression "the almighty dollar." (Oxford English Dictionary)almighty, a.…

Angel Bond

Investopedia defines an "angel bond" as a bond that has a lower interest rate because of the issuing company's high credit rating. "Angel bonds" are said to be the opposite…

App Economy

The term "app economy" became popular in 2008 and 2009, with the development of mobile applications ("apps"). "The 3 U's: A Model for 'Advertising' in the…