What Is Exploration & Production (E&P)?

Exploration & Production (E&P) is a term used in the oil and gas industry to refer to the process of searching for and developing new oil and gas reserves. E&P companies are typically engaged in activities such as drilling, completion, and production of oil and gas wells. The term “E&P” is also used to refer … Read more

What Is Joint Liability?

Joint liability is a legal term used to describe the situation where two or more people are jointly responsible for a debt or other obligation. In most cases, each person is equally liable for the debt, meaning that they are each responsible for paying back the full amount of the debt. What does jointly but … Read more

Convexity Definition.

Convexity definition is the measurement of the curvature of a bond’s yield curve. Convexity is used in the pricing of bonds and other interest rate securities. It is a measure of the sensitivity of the price of a bond to changes in interest rates. What does convexity mean in bonds? Convexity is a measure of … Read more