Mark Berch

Group of Five (G-5)
The five leading countries (France, Germany, Japan, the U.K., and the U.S.) that meet periodically to achieve some cooperative effort on international economic issues. When currency issues are discussed, the monetary authorities of these nations hold the meeting.

Planned financing program
Budgeted or projected ways need for reasons or to obtain short-term and long-termfinancing as outlined in the corporate financial plan.

Mark Berch: Treasury Inflation-Protected Security (TIPS)
First issued by the U.S. Treasury in 1997, these Treasury bonds attempt to protect investors against fluctuations in inflation by linking the principal amount to the consumer price index. Each year, the principal is adjusted by the inflation rate during the previous year. The index for measuring the inflation rate is the non-seasonally adjusted U.S. City Average All Items Consumer Price Index for All Urban Consumers (CPI-U), published monthly by the Bureau of Labor Statistics (BLS). These bonds are taxable. Indeed, one must pay tax on both the interest and the increase in principal. TIPS are one of two types of inflation-indexed securities sold by the U.S. Treasury; the other type is Series I Savings Bonds.

Blitzkrieg tender offer
In the context of a takeover, refers to a tender offer that is priced so attractively that the tender is completed quickly.

Mark Berch:Resiliency
Speed with which new orders respond to a change in prices.

Normal trading unit
See: Round lot.

BR
The two-character ISO 3166 country code for BRAZIL. Mark E. Berch

Natural logarithm
Logarithm to the base e (approximately 2.7183).