Key Variables Sample Clauses

Key Variables. Shipment, payment and adjusted payment information from PWC website. - Inflation adjustments.
Key Variables. The dependent variable in all of my regression models is a form of trading volume. A high level of trading volume is indicative of a liquid market. I specifically examine turnover. I calculate abnormal turnover according to the model of ▇▇▇▇ (1999) which argues that individual firm turnover should equal aggregate market turnover under normal circumstances. That is, trading in individual firms should be similar to the level of trading in the aggregate market. Any deviation from this standard would be considered ‘abnormal’. This argument is based on the theoretical prediction that market- wide trading translates into trading in each asset according to its relative value in the market11. In the context of informed versus uninformed traders, this model separates the informed from the uninformed traders so that an analysis of the resulting abnormal (idiosyncratic) volume actually allows me to examine the behavior of informed traders. Therefore, I measure turnover (Turnover) for an individual firm as shares traded shares outstanding (1) 10 While this methodology results in a loss of approximately 82% of the original sample, this reducation is comparable to that of Barron (1995) who focuses on a reduced sample of 1,520 observations from a full sample of 6,727 observations – a reduction of 77%. 11 According to Tkac, although this model is simple, it should isolate idiosyncratic trading activity. Further, Tkac attributes undertrading (overtrading) possibly to less (more) non-rebalancing activity. In other words, fewer (more) investors are trading these stocks based on firm-specific information. I measure market turnover using data from all firms (i) in the CRSP database. I calculate market turnover (MktTurnover) as ∑(shares traded)i ∑( ) MktTurnover = i (2) I calculate abnormal turnover, then, as AbnormalTO = Turnover − MktTurnover (3) I use several explanatory variables related to belief dispersion and the characteristics of belief revisions. With respect to belief dispersion, I first address overall dispersion followed by dispersion within groups of investors. These groups, ‘holders’ and ‘non-holders’, represent investors that own or do not own the traded asset, respectively. I or HDispjt = σ forecasts jt >μ (4) forecasts jt >μ NHDispjt = σ forecasts jt <μ (5) forecasts jt <μ where HDispjt represents dispersion within the ‘holder’ group and is measured as coefficient of variation in the forecasts greater than (less than) the mean value of all forecasts for the sa...

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  • Service Descriptions Credit Card processing services: Global Direct’s actions to the appropriate card associations and/or issuers (e.g., Visa, MasterCard, Diners, Discover); settlement; dispute resolution with cardholders’ banks; and transaction-related reporting, statements and products. Debit/ATM Processing Services: Global Direct has connected to the following debit card networks (“Networks”): Accel, AFFN, Interlink, MAC, Maestro, NYCE, Pulse, Star, and Tyme. Global Direct will provide Merchant with the ability to access the Networks that Global Direct has connected to for the purpose of authorizing debit card transactions at the point of sale from cards issued by the members of the respective Networks. Global Direct will provide connection to such Networks, terminal applications, settlement and reporting activities. EBT Transaction Processing Services: Global Direct offers electronic interfaces to Electronic Benefits Transfer (“EBT”) networks for the processing of cash payments or credits to or for the benefit of benefit recipients (“Recipients”). Global Direct will provide settlement and switching services for various Point of Sale transactions initiated through Merchant for the authorization of the issuance of the United States Department of Agriculture, Food and Nutrition Services (“FNS”) food stamp benefits (“FS Benefits”) and/or government delivered cash assistance benefits (“Cash Benefits, ”with FS Benefits, “Benefits”) to Recipients through the use of a state-issued card (“EBT Card”). With respect to Visa and MasterCard products, Merchant agrees to pay and Merchant's account(s) will be charged pursuant to Section 5 of this Agreement for any additional fees incurred as a result of Merchant's subsequent acceptance of transactions with any Visa or MasterCard product that it has not elected to accept.

  • System Description The wet detention basin is designed to trap 80% of sediment in runoff and maintain pre-development downstream peak flows. The basin has two forebays (smaller ponds) located at the low end of two grass ▇▇▇▇▇▇. In addition to runoff conveyance, the grass ▇▇▇▇▇▇ also allow infiltration and filtering of pollutants, especially from smaller storms. The forebays are each 4 feet deep. They are connected to the main pool by 18 and 24-inch metal pipes that outlet onto a rock chute. The forebays will trap coarse sediments in runoff, such as road sands, thus reducing maintenance of the main basin. The main pool will trap the finer suspended sediment. To do this, the pond size, water level and outlet structures must be maintained as specified in this Agreement (see Figures 1, 2 and 3). The main basin receives runoff from a 67.1 acre drainage area (41.2 acres within the subdivision and 25.9 acres off- site drainage coming from the east). During high rainfall or snow melt events, the water level will temporarily rise and slowly drain down to the elevation of the control structure. The water level is controlled by a 12-inch concrete pipe extending through the berm in the northwest corner of the basin (see Figures 1 and 3). On the face of the 12- inch pipe, there is metal plate with a 3-inch drilled hole (orifice) with stone in front of it. This orifice controls the water level and causes the pond to temporarily rise during runoff events. Washed stone (1-2” diameter) is placed in front of the orifice to prevent clogging. High flows may enter the grated concrete riser or flow over the rock lined emergency spillway. “As-built” construction drawings of the basin, showing actual dimensions, elevations, outlet structures, etc. will be recorded as an addendum(s) to this agreement within 60 days after Waukesha County accepts verification of construction from the project engineer.

  • Attachment E Special Conditions version 1.2, is hereby revised and restated in its entirety with Attachment E – Special Conditions, version 1.3 (Revised May 2021).

  • SERVICE LEVEL DESCRIPTION The Fund Accounting Agreement is hereby amended by deleting the Service Level Description attached thereto and replacing it in its entirety with the Service Level Description attached hereto.

  • Flexible Work Schedule A flexible work schedule is any schedule that is not a regular, alternate, 9/80, or 4/10 work schedule and where the employee is not scheduled to work more than 40 hours in the "workweek" as defined in Subsections F. and H., below.