Accounting

fat-finger error

fat-finger error: a keyboard error made when the originator of the message or transaction presses the wrong key or keys; often referring to the cause of a significant error in a finance or securities transaction. *** TROVELOG ***  [Deutsche Bank AG] inadvertently transferred 28 billion euros ($35 billion) to one of its outside accounts, Bloomberg News has [...]

2018-06-28T16:07:52-05:00Accounting, Business, Communication, Finance, Information Technology, Internet, Investment, Risk Management, WORDS|
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ghost/ shadow inventory

homes financed by mortgage loans on which no payments are being made but have yet to be listed in a foreclosure sale.   [R]eal estate agents and mortgage brokers wary of optimism are focusing on a new term that has entered the housing lexicon: ghost inventory. Banks appear to be sitting on thousands of homes [...]

2011-02-26T10:02:11-06:00Accounting, Business, Construction, Consumers, Demographics, Disruptive Technology/ Developments, Economics, Finance, Housing, Investment, Real Estate, Risk Management, Suburban Living, United States, WORDS|
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