ICA

 

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ICA

International commodity agreement



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Personal identification number

Personal identification number

A set of numbers (usually four) which the owner of a payment card uses when withdrawing cash from an automated teller machine (cash dispenser).


Vertical acquisition

Vertical acquisition

Buying or taking over a firm in the same industry in which the acquired firm and the acquiring firm represent different steps in the production process.


Geneticalliy modified organism

Geneticalliy modified organism

Plants or animals (or products thereof) whose genetic makeup has been determined or altered by genetic engineering. Trade in GMOs has been the source of disagreement and controversy between the US and the EU.


Certificate of deposit (CD)

Certificate of deposit (CD)

Also called a time deposit this is a certificate issued by a bank or thrift that indicates a specified sum of money has been deposited. A CD has a maturity date and a specified interest rate, and can be issued in any denomination. The duration can be up to five years.


Indicated yield

Indicated yield

The yield, based on the most recent quarterly rate times four. To determine the yield, divide the annual dividend by the price of the stock. The resulting number is represented as a percentage. See: Dividend yield.


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