API: Application Program Interface - a series of conventions or routines used to access software functions. Most major search products have an API program.

 

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API: Application Program Interface - a series of conventions or routines used to access software functions. Most major search products have an API program.

Capital Builder Account (CBA): The process of choosing the firm's long-term capital assets.

Capital Budgeting: A firm's planned capital expenditures.

Capital Formation: The transfer of capital abroad in response to fears of political risk.

Capital Gains Tax: A distribution to the shareholders of a mutual fund out of profits from selling stocks or bonds, that is subject to capital gains taxes for the shareholders.

Capital Market Line (CML): The view that issuing debt is generally valuable, but that the firm's optimal choice of capital structure involves various other views of capital structure (net corporate/personal tax, agenc . . . View Full Definition

Capital Lease: Market indexes maintained by Morgan Stanleythat track major stock markets worldwide.

Capital Gains Yield: The tax levied on profits from the sale of capital assets. A long-term capital gain, which is achieved once an asset is held for at least 12 months, is taxed at a maximum rate of 20% (taxpay . . . View Full Definition

Massage Therapist: A person who practices therapeutic massage. In many US states, massage therapists can be licensed after completing a specified training program. Licensed therapists may practice independentl . . . View Full Definition

Marginal Efficiency Of Capital: The percentage yield earned on an additional unit of capital.