Cloud computing delivers computing resources—servers, storage, databases, networking, software, and analytics—over the Internet on demand. Instead of keeping files and programs only on a…
Definition – Close a position: take the opposite trade to an existing open position so that you no longer have market exposure to that…
**Summary:** A 403(b) plan (tax-sheltered annuity) is a retirement savings program for employees of public schools, governmental agencies, and certain nonprofits. It functions similarly…
• Closed-end lease: a lease contract in which the renter (lessee) has no contractual obligation to buy the asset at lease end. The owner…
**Summary:** A 401(k) is a tax-advantaged employer-sponsored defined-contribution retirement plan that lets employees save from payroll via elective deferrals, often with employer matching. This…
• A closed-end fund is an investment company that raises a fixed amount of capital by selling a set number of shares in an…
A closed economy is one that deliberately avoids buying from or selling to other countries. In practice this means little or no imports and…
**Summary:** 3D printing, or additive manufacturing, builds objects layer‑by‑layer from digital models. It shortens prototyping cycles, enables complex geometries and localized production, influencing costs,…
• A collateralized loan obligation (CLO) is a securitized package of many corporate loans—typically leveraged or below-investment-grade bank loans—assembled so investors can buy pieces…
Short definition – Clearinghouse (also called a central counterparty or CCP): a financial-market intermediary that becomes the buyer to every seller and the seller…