Finance

What is the Annual Percentage Yield?

APR is the percentage rate reflecting the cost of credit for a year. What is a good APY? The national average savings rate is ...

What is Variable Overhead Spending Variance?

Variable Overhead Spending Variance is the difference between what the variable production overheads actually cost and what ...

What is a Hashed Timelock Contract (HTLC)?

A hashed timelock contract (HTLC) is a type of smart contract used in blockchain applications. It reduces counterparty risk by ...

What Does In-House Mean?

: existing, originating, or carried on within a group or organization or its facilities : not outside an in-house publication ...

What is the Swedish Krona (SEK)?

SEK is the currency code for the Swedish krona, the currency for Sweden. The Swedish krona is made up of 100 re and is often ...

Pessimist vs. Optimist Investors

Differentiating between pessimist vs. optimist investors is best defined by the saying, A pessimist is an optimist with ...

What is a Covered Call?

The term covered call refers to a financial transaction in which the investor selling call options owns an equivalent amount ...

What is a Ballpark Figure?

A ballpark figure is a rough numerical estimate or approximation of the value of something that is otherwise unknown. Ballpark ...

What is a Bank Identification Number (BIN)?

The term bank identification number (BIN) refers to the first four to six numbers on a payment card. This set of numbers ...

What is Moores Law?

Moore’s Law refers to Gordon Moore’s perception that the number of transistors on a microchip doubles every two ...

What are Interest Rate Options?

Interest rate risk is the risk associated with interest rate fluctuations in assets. Interest rates and bond prices are ...

What is a Declaration of Trust?

Declaration of trust is the document used to establish the primary details of a trust. While some states allow oral ...

What is a Qualified Dividend?

Dividends paid by credit unions on deposits, or any other “dividend” paid by a bank on a deposit. Dividends paid ...

What is an Automatic Premium Loan?

An automatic premium loan is often associated with a life insurance policy that has a cash value. It is a specific clause, or ...

Overview of Banks in Ethiopia

Ethiopia – Banking SystemsEthiopia – Banking Systems The Ethiopian banking sector is currently comprised of a ...

What is Happiness Economics?

Happiness economics is the formal academic study of the relationship between individual satisfaction and economic issues such ...

What is Targeted Auction?

A targeted auction, also referred to as a controlled auction, is a type of auction that involves a small group of qualified ...

What is a Value Network?

A value network is a set of connections between organizations and/or individuals interacting with each other to benefit the ...

How to Remember More of What You Learn

For several reasons, our brains are in a constant process of forgetting. Most of the details that you learn are lost to you ...

What is a Correlation?

Correlation is a statistical measure that expresses the extent to which two variables are linearly related (meaning they ...

What is Discretionary Income?

Discretionary income is the income that remains after subtracting allowances for essential expenses, such as taxes and basic ...

What is an Acquirer?

The acquirer, also known as the acquiring or merchant bank, is the financial institution that maintains a merchant’s ...

What is Schedule C?

Use Schedule C (Form 1040) to report income or loss from a business you operated or a profession you practiced as a sole ...

What is the Securities and Exchange Commission (SEC)?

The Securities and Exchange Commission oversees securities exchanges, securities brokers and dealers, investment advisors, and ...

What is an Express Warranty?

What Is an Express Warranty? An express warranty is an agreement by a seller to provide repairs or a replacement for a faulty ...

Real Estate Financial Modeling

In real estate financial modeling (REFM), you analyze a property from the perspective of an Equity Investor (owner) or Debt ...

Net Debt/EBITDA Ratio Template

Generally, net debt-to-EBITDA ratios of less than 3 are considered acceptable. The lower the ratio, the higher the probability ...

What is the Earnings per Share (EPS) Formula?

Earnings per share (EPS) is calculated as a company’s profit divided by the outstanding shares of its common stock. The ...

What is the Market Risk Premium?

The market risk premium is the difference between the expected return on a market portfolio and the risk-free rate. It ...

What is a VSAT?

A very small aperture terminal (VSAT) is a data transmission technology used for many types of data management and in ...