Sibylle Definition and Examples. A wholly-owned subsidiary is a company that is completely owned and controlled by another company, known as the parent company. The parent company may own all or just a majority of the subsidiary’s shares. The subsidiary is a separate legal entity from the parent company, but the parent company has the power … Read more
The term “compliance cost” refers to the amount of money and resources that a company must expend in order to comply with government regulations. This can include the cost of complying with environmental regulations, safety regulations, and financial reporting requirements. In some cases, the compliance cost may be a direct cost, such as the cost … Read more
The term “Axe Definition” is used to describe the process of identifying the most important level of support or resistance in the market. This is done by looking at the price action around key levels and identifying which levels are being respected by the market and which levels are being rejected. The most important level … Read more
Sterilized intervention is a type of intervention where a central bank buys or sells foreign currency in order to influence the exchange rate, but then takes offsetting actions in order to neutralize the impact of its intervention on the money supply. Sterilized intervention can be used to either defend a currency that is under attack, … Read more
