Related Words

Flat Stick: Another name for the putter

Inflation-Indexed Securities: A clause in a contract providing for increases or decreases in inflation depending on fluctuations in the cost of living, production costs, and so forth.

Inflation-Escalator Clause: The fact that future inflation rates are not known. It is a possible contributing factor to the makeup of the term structure of interest rates.

Inflation-Adjusted Return: Inflation-adjusted return is what you earn on an investment after accounting for the impact of inflation. For example, if you earn 7% on a bond during a period when the inflation rate averag . . . View Full Definition

Inflation Uncertainty: Also called purchasing power risk, the risk that changes in the real return the investor will realize after adjusting for inflation will be negative.

Inflation-Protected Security (TIPS): US Treasury inflation-protected securities (TIPS) adust the principal twice a year to reflect inflation or deflation measured by the Consumer Price Index (CPI). The interest rate is fixed an . . . View Full Definition

Joystick: An input device used in computer gaming, primarily for games that utilize flight simulation. May also be used with other games, though less commonly. Older versions connected through a seria . . . View Full Definition

Memory Stick: A memory card slightly smaller than a single stick of chewing gum. Like compactflash and smartmedia, it is flash-based storage for your photos.

Mahlstick: A long wooden rod with a pad at one end that is used by the painter to steady his hand when working on fine details. He holds the mahlstick in his left hand and lays the pad on the canvas an . . . View Full Definition

Loaned Flat: Securities lent interest-free between brokers to cover customers' short sale positions.