Financial Accounting Standards Board (FASB)

Definition:

Board composed of independent members who create and interpret Generally Accepted Accounting Principles (GAAP).

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Realized volatility

Sometimes referred to as the historical volatility, this term usually used in the context of derivatives. While the implied volatility refers to the market's assessment of future volatility, the... Read More

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