An entity, often a C-corporation, through which tax-exempt investors invest in a  fund so as to shield such tax-exempt investors from having to file a US federal tax return an ...

A furnished apartment, condo, or home rented on a temporary basis to individuals, military personnel, intern groups, or corporations as an alternative to a traditional hotel or an ...

A measure of  the degree to which two variables move in relation to each other; computed into what is known as the “correlation coefficient”.

A measure of the degree to which two variables’ movements are associated with a range of values from -1.0 (i.e., perfect negative correlation) to 1.0 (i.e., perfect positive ...

An index showing the variations in construction costs over time; sometimes, by extension, a set of similar numbers showing the relative costs of construction in different geographi ...

The likelihood that another entity involved in a transaction may not be able to complete its legal obligations.

The risk that a foreign government will default on its bonds or other financial commitments.

A measure of the degree to which returns on two investments move in tandem; a positive covariance means that investment returns move together, while a negative covariance means inv ...

A legally-binding clause that requires an investment to meet certain conditions, e.g. a loan may have covenants that require the borrower to have certain Debt Yield, Debt Service C ...

A short-term loan arrangement provided by a bank to a fund secured again the investors’ commitments in the fund.