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KR: The ISO 3166 Country Code for South Korea
Stock Market

KR: The ISO 3166 Country Code for South Korea

Highlights,"KR" is the official two-character ISO 3166 code for South Korea.,It is widely used in international trade, banking, and digital systems.,The code helps standardize country identification across global platforms.,The two-character code "KR" rep...

KP: The ISO 3166 Country Code for North Korea
Stock Market

KP: The ISO 3166 Country Code for North Korea

Highlights,"KP" is the internationally recognized two-character country code for North Korea.,It is part of the ISO 3166 standard used for global identification of countries.,The code is essential for trade, travel, and digital communication systems.,Intr...

KOR: The ISO 3166 Country Code for South Korea
Stock Market

KOR: The ISO 3166 Country Code for South Korea

Highlights,Standardized Code:,KOR is the official three-letter ISO 3166 code for South Korea.,Global Recognition:,Used in international trade, banking, and official documentation.,Efficient Identification:,Simplifies data processing and cross-border trans...

Know Your Customer: A Core Principle in Securities Brokerage
Stock Market

Know Your Customer: A Core Principle in Securities Brokerage

Highlights,Ensures brokers provide suitable investment advice based on client profiles.,Requires understanding a client’s financial situation, risk tolerance, and goals.,Promotes ethical responsibility and investor protection in financial markets.,Detaile...

LAO: The Three-Character ISO 3166 Country Code for Lao People's Democratic Republic
Stock Market

LAO: The Three-Character ISO 3166 Country Code for Lao People's Democratic Republic

Highlights,LAO is the official three-character ISO 3166 code for Laos.,It uniquely identifies Laos in global databases and systems.,This code plays a vital role in international trade, travel, and governance.,The ISO 3166 country code "LAO" is the globall...

Last In, First Out (LIFO) Accounting Method
Stock Market

Last In, First Out (LIFO) Accounting Method

Highlights,Recent Purchases First:,LIFO assigns the cost of the most recently acquired inventory to the cost of goods sold.,Impact on Profitability:,When prices rise, LIFO results in lower accounting profits due to higher costs.,Tax and Financial Effects:...

Lag Response of Prepayments
Stock Market

Lag Response of Prepayments

Highlights,Prepayments of MBS pools accelerate about three months after crossing refinancing thresholds.,A lag occurs between interest rate changes and observed borrower refinancing activity.,Market factors and borrower inertia contribute to delayed prepa...

Large-Scale Asset Purchase: A Powerful Monetary Policy Tool
Stock Market

Large-Scale Asset Purchase: A Powerful Monetary Policy Tool

Highlights,Central banks buy financial assets to inject liquidity into the economy.,Known as quantitative easing, it lowers interest rates and boosts lending.,Used during economic downturns to stimulate growth and prevent deflation.,Understanding Large-Sc...

Land Contract: A Unique Method of Real Estate Financing
Stock Market

Land Contract: A Unique Method of Real Estate Financing

Highlights,Seller-financed real estate deal with instalment payments.,Buyer gains equitable interest, but seller retains title until full payment.,Cost-effective alternative to traditional mortgages.,A land contract is an alternative method of real estate...

Understanding Lagging Indicators in Economics
Stock Market

Understanding Lagging Indicators in Economics

Highlights,Definition,: Lagging indicators reflect economic trends after they have already occurred.,Comparison,: They contrast with leading and coincident indicators, which signal future or current economic conditions.,Examples,: Common lagging indicator...