CFP Franc (XPF) Definition.

The CFP franc is the currency used in the French overseas collectivities of French Polynesia, Wallis and Futuna, and New Caledonia. It is pegged to the euro at a rate of 1 EUR = 119.33 XPF. How many francs are in a dollar? There are currently 1.06 francs in a dollar. What kind of money … Read more

Closed-Market Transaction.

A closed-market transaction is a type of transaction that occurs when a company’s shares are not publicly traded. This type of transaction is typically used by large, well-established companies. In a closed-market transaction, a company’s shares are bought and sold by private individuals or institutions, rather than on a public exchange. What is a non … Read more

Price Rigging Definition.

Price rigging is a form of market manipulation in which participants conspire to artificially inflate or deflate prices in order to profit from the resulting price movements. Price rigging can occur in any market where there is sufficient liquidity to allow for large trades, and can be accomplished through a variety of means, including collusion, … Read more

Red Candlestick Definition and Uses.

A candlestick chart is a graphical representation of price action over a given time period. Each candlestick on the chart represents a specific time period, typically one day. The candlestick is composed of a “body” and “wicks”. The body represents the open and close price for the given time period, while the wicks represent the … Read more

Loan Note Definition.

A loan note is a debt instrument that evidences a loan made by a lender to a borrower. The loan note sets forth the terms of the loan, including the interest rate, repayment schedule, and any covenants or restrictions. Where do loan notes sit on the balance sheet? Loan notes typically appear on the balance … Read more