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Service Agreement
2023-01-21 11:35
What Is A Service Agreement? A service agreement is a legal agreement between a client and a service provider that outlines the provisions of the services provided. Such an agreement aims… Read More
International Monetary System
2023-01-21 08:14
What Is International Monetary System? The international monetary system is a set of conventions and rules that support cross-border investments, trades, and the reallocation of capital b… Read More
Balanced Budget
2023-01-21 08:01
What Is A Balanced Budget? A balanced budget is a budget where the planned finance structure has revenues equal to its expenditures; the term is often related to the government’s bu… Read More
Microinsurance
2023-01-21 07:48
Microinsurance Meaning Microinsurance is a protection designed to serve low-income individuals and families needing more conventional insurance policies. Microinsurance companies offer co… Read More
Racial Wealth Gap
2023-01-21 07:34
What Is The Racial Wealth Gap? The term racial wealth gap addresses wealth disparity due to racial differences, linked to a lack of access to valuable resources and opportunities to close… Read More
Independent Project
2023-01-21 07:12
What Is An Independent Project? An independent project refers to projects whose cash flows are not dependent on other projects. Therefore, its approval or disapproval is unrelated to the… Read More
Macroeconomic Policy
2023-01-20 12:04
What Is Macroeconomic Policy? Macroeconomic policy refers to the government’s actions to regulate a nation’s economic operations that support robust and sustained economic gro… Read More
Common Pool Resources
2023-01-20 11:32
Common Pool Resources Definition A common-pool resource is a shared resource not owned by private or public entities. These are natural or manufactured resource systems in which the amoun… Read More
Risk Return Trade Off
2023-01-20 11:03
What Is Risk Return Trade Off? The risk return trade-off is one of the fundamental aspects that investors consider while making each investment choice and evaluating their investments. Th… Read More
Pigouvian Tax
2023-01-20 10:43
Pigouvian Tax Definition A Pigouvian tax is a tax imposed by the government on economic activities, creating an adverse effect on society. Private individuals or businesses may perform su… Read More
Investment Agreement
2023-01-20 10:34
Investment Agreement Definition An investment agreement is a legal agreement between a company and an investor that summarizes the terms and conditions of an investment in the company. It… Read More
Customer Acquisition
2023-01-20 10:27
Customer Acquisition Meaning Customer acquisition is the process that companies adopt to convince customers to buy or subscribe to their products and services. It converts prospective buy… Read More
Tax Audit
2023-01-19 14:33
What Is Tax Audit? A tax audit is an examination of a person’s tax returns performed by a federal or state tax agency to determine whether the income and deductions reported by the… Read More
Controlled Foreign Corporation (CFC)
2023-01-19 12:44
Controlled Foreign Corporation (CFC) Definition A controlled foreign corporation, or (CFC), is a foreign corporation regulated by resident owners. For a United States CFC, a shareholder i… Read More
Demutualization
2023-01-19 12:13
Demutualization Meaning Demutualization is the process through which member-owned organizations can become shareholder-owned firms. This business may be closely owned by its shareholders… Read More
Participative Leadership
2023-01-19 11:55
What Is Participative Leadership? Participative leadership is a leadership approach in which group members actively participate in decision-making. It encourages and involves subordinates… Read More
Management Control System
2023-01-19 11:48
What Is Management Control System (MCS)? A management control system or MCS is a framework that allows organizations to compare the actual outcomes with their goals and objectives set by… Read More
Marketing Management
2023-01-18 15:21
What Is Marketing Management? Marketing management is the customer-centric execution of marketing tools to promote a business. Marketing managers use tools and strategies to analyze an ap… Read More
No-Load Mutual Fund
2023-01-18 13:50
What Is A No-Load Mutual Fund? A no-load mutual fund or a no-load fund refers to a mutual fund that does not carry a sales charge or commission, i.e., is free of exit load. The prime reas… Read More
Financial Sustainability
2023-01-18 11:35
Financial Sustainability Meaning Financial sustainability is the capacity of a firm to earn revenue or get a return on an investment that covers all expenses and makes a profit. It assess… Read More
Joint Cost
2023-01-18 10:53
What Is Joint Cost? Joint cost refers to the price incurred by manufacturers that goes into producing more than one product or process. These costs include labor, material, and overhead c… Read More
Sales Promotion
2023-01-18 10:37
What Is A Sales Promotion? Sales promotion is a short-term marketing strategy companies use to create interest or demand for a particular product or service. Among many reasons to indulge… Read More
BCG Matrix
2023-01-17 09:04
What Is BCG Matrix? The BCG matrix is a technique for designing a company’s product portfolio to evaluate each product’s performance and share in the market. It is a graphical… Read More
Assets Under Management
2023-01-17 09:00
Assets Under Management (AUM) Meaning  Assets under management (AUM), also referred to as funds under management, is the aggregate market value of all the investments managed by a fi… Read More
Customs Union
2023-01-17 08:49
What Is Customs Union? Customs unions refer to a cluster of countries applying one common set of methodology tariffs & rules concerning imports, exports & transport of products wi… Read More
Attribution Bias
2023-01-17 08:28
Attribution Bias Definition Attribution bias is a cognitive bias causing a person to misinterpret their impulse and others’ behavior. As a result, it becomes an easy tool for a pers… Read More
Coupon Payments
2023-01-17 08:16
What Are Coupon Payments? Coupon payments refer to the payment of a dollar amount of annual interest associated with a bond. The amount is paid to its holder until it reaches maturity. It… Read More
Debt Ceiling
2023-01-17 07:52
Debt Ceiling Definition A debt ceiling, or debt limit, is like a rooftop that allows the Federal government to borrow a certain amount of debt by issuing bonds. It denotes the maximum lev… Read More
Adjustable Rate Mortgage
2023-01-16 12:59
What Is An Adjustable Rate Mortgage (ARM)? An adjustable rate mortgage (ARM) is a home loan where the interest rate is regularly adjusted and dependent on an index, such as the prime rate… Read More
Centralization
2023-01-16 12:53
Centralization Meaning Centralization is an organizational setting that grants senior management the authority to make decisions. It aims to smoothen decision-making and problem-solving p… Read More
Visual Merchandising
2023-01-16 12:41
What Is Visual Merchandising? Visual merchandising refers to product organization and display in a retail setting. It includes interior displays, window displays, mannequins, and similar… Read More
Phishing
2023-01-16 12:29
Phishing Meaning Phishing is internet fraud that involves claiming to be a credible source to fool individuals into giving up sensitive data, like credentials or credit card information… Read More
Business Management
2023-01-16 11:12
What Is Business Management? Business management entails overseeing the organization and coordination of corporate operations. It involves both marketing and innovation and the production… Read More
Annuity Certain
2023-01-15 11:00
What Is Annuity Certain? An annuity certain, or ordinary annuity is an investment that makes guaranteed payments to a person for a specific period. The main purpose of this annuity is tha… Read More
Control In Management
2023-01-15 10:54
What Is Control In Management? Control in management is a crucial goal-oriented function in a business that ensures that operations are carried out per the set standards, and if not, taki… Read More
Floating Rate Note
2023-01-15 10:51
What Is A Floating Rate Note (FRN)? A Floating Rate Note (FRN) is a financial debt instrument that has a variable coupon rate. The coupon rate depends on external or market reference rate… Read More
Spoofing
2023-01-15 10:37
Spoofing Meaning Spoofing is an activity in which cyber fraudsters pretend to be trustworthy to win other people’s trust. The main purpose of spoofing is to gain access to the softw… Read More
Advance Payment Guarantee
2023-01-15 09:08
What Is Advance Payment Guarantee? An advance payment guarantee mitigates a buyer’s prepayment risk. If the seller breaches the contract, the buyer receives a refund. In that case… Read More
Joint Product
2023-01-14 12:20
What Is A Joint Product? A joint product is an output acquired in the manufacturing operation after processing a primary product. It is called joint because it is obtained with other outp… Read More
Federal Budget
2023-01-14 12:14
What Is The Federal Budget? The federal budget is an essential plan for a federal government’s projected spending and income for a specific fiscal year. It is the primary means of r… Read More
Economic Sanctions
2023-01-14 11:57
What Are Economic Sanctions? Economic sanctions are the withdrawal or suspension of the usual trade and financial relations with a country, a company, a group, or an individual. These are… Read More
Ambush Marketing
2023-01-14 10:16
What Is Ambush Marketing? Ambush marketing is the strategy adopted by a company or brand that takes advantage of others’ marketing campaigns to gain exposure and profit. The main pu… Read More
Hard Inquiry
2023-01-14 07:40
What Is Hard Inquiry? A hard inquiry is a request to check an individual’s credit report. Lenders, banks, and financial institutions conduct queries when an individual applies for a… Read More
Disruptive Innovation
2023-01-13 12:38
What Is Disruptive Innovation? Disruptive innovation is how small companies enter the market with the same type of goods supplied by big businesses but at reduced prices. This innovation… Read More
Niche Marketing
2023-01-13 11:45
Niche Marketing Meaning Niche Marketing is the method of reaching out to customers who still need to be identified. The focus is on a small and specific part of the entire market using s… Read More
Negotiation
2023-01-13 11:27
Negotiation Meaning Negotiation is a planned and prudent discussion technique that leads to a permanent solution to a problem or conflict. The solution should be acceptable to all members… Read More
Two-Sided Market
2023-01-13 10:08
What Is A Two-Sided Market? A two-sided marketplace or two-sided network occurs when buyers and sellers interact via an intermediary or platform to exchange products or services. The valu… Read More
Intellectual Property
2023-01-13 09:54
What Is Intellectual Property? Intellectual property (IP) is an intangible asset of a business that is difficult to be identified by physical parameters but by its unique characteristics… Read More
Financial Inclusion
2023-01-13 01:59
Financial Inclusion Meaning Financial inclusion refers to providing good quality financial products and services everyone can access and afford. Such provision should be irrespective of c… Read More
Corporate Planning
2023-01-12 15:28
What Is Corporate Planning? Corporate planning is setting long-term objectives and goals within the organization’s scope to enable an environment conducive to growth in terms of re… Read More
Loan Commitment
2023-01-12 14:14
What Is A Loan Commitment? A loan commitment, or mortgage commitment, is an agreement letter where the lender, i.e., a commercial bank or financial institution, agrees to lend a certain a… Read More
Cost Efficiency
2023-01-12 11:08
Cost Efficiency Meaning Cost Efficiency is the business strategy relating to reduction in the cost of production without hindering the quality of the product or service. It is an importan… Read More
Direct Participation Program
2023-01-12 05:57
What Is A Direct Participation Program? Direct Participation Program, or DPP, is an investment initiative where investors can pool their money and invest in real estate or energy projects… Read More
Conventional Loan
2023-01-12 05:40
What Is A Conventional Loan? A conventional loan refers to a mortgage loan not covered under or sponsored by any government scheme provided by commercial banks at flexible rates without a… Read More
Kruskal Wallis Test
2023-01-11 11:19
What Is Kruskal Wallis Test?  Kruskal Wallis Test refers to a method of matching the medians of more than two groups for ascertaining whether the samples have the same group source a… Read More
Yield Ratio
2023-01-11 10:49
What Is Yield Ratio? The yield ratio is a recruitment indicator that reflects the percentage of applicants that go on to the next stage of the recruiting process after completing a previo… Read More
Savings Account
2023-01-11 10:40
What Is A Savings Account? A savings account is a financial product offered by banks and credit unions, enabling individuals to deposit, withdraw money and earn interest. Although these a… Read More
Partnership Agreement
2023-01-11 08:41
What Is Partnership Agreement? A Partnership Agreement is a business contract between all parties who have agreed to operate a partnership-structured organization. This legal document lay… Read More
Legal Entity
2023-01-11 05:31
Legal Entity Meaning A legal entity is a judiciary term for a company, entity, or organization that has certain rights, responsibilities, and liabilities under the law of a particular sta… Read More
Government Intervention
2023-01-10 13:05
What Is Government Intervention? Government intervention refers to the regulatory action taken by a government that aims to change decisions made by individuals, organizations, or groups… Read More
Libel
2023-01-10 12:23
Libel Meaning Libel is the act of publishing a false statement either online or in physical print. The statement in question could be in the form of printed publication, online content, r… Read More
Differential Pricing
2023-01-10 09:07
What Is Differential Pricing? Differential pricing is a pricing strategy in which a firm employs distinctive rates for the same item based on varying customer types, the time of purchase… Read More
Performance Marketing
2023-01-10 07:17
What Is Performance Marketing? Performance marketing is a sort of digital marketing strategy that is focused on achieving measurable business objectives. Because payment is determined by… Read More
Subsidized Loan
2023-01-10 07:10
What Is A Subsidized Loan? A subsidized loan is an incentive offered to students. The federal government pays the accrued interest for a duration. Beyond that, the borrower is responsible… Read More
Ordering Costs
2023-01-09 17:18
What Are Ordering Costs?  Ordering costs are considered expenses related to placing orders for new inventory. Transportation, shipping fees, inspection fees, and other expenses for c… Read More
Form W-2
2023-01-09 12:31
What Is Form W-2? Form W-2, more formally known as the “Wage and Tax Statement,” is a tax form employed in the United States to notify remuneration paid to staff and the taxes… Read More
Competency Mapping
2023-01-09 10:40
What Is Competency Mapping? Competency mapping identifies an employee’s key competencies, skills, and traits. Employees’ performance is measured using set parameters. The anal… Read More
Oral Contract
2023-01-09 09:58
What Is An Oral Contract? Oral contracts are agreements made verbatim without any written documentation. It is otherwise known as “verbal agreements.” Accepting such agreement… Read More
Closing Cost
2023-01-09 08:51
What Is Closing Cost? Closing costs are expenses usually incurred by buyers or sellers over and above a property’s price to finalize a real estate transaction. They cover things lik… Read More
Carry Trade
2023-01-08 10:43
What Is Carry Trade? Carry trade refers to an investment strategy where investors either sell or borrow assets at a lower rate to buy another asset giving a higher interest rate. It obtai… Read More
Beneficial Owner
2023-01-08 10:33
Beneficial Owner Meaning Beneficial owner refers to an individual enjoying the rights and benefits of an entity or property despite the property or entity having another person as the leg… Read More
Marketing
2023-01-08 08:19
Marketing Definition The term marketing refers to the promotion of purchasing or selling a product or service. It consists of the actions that a firm engages in to achieve this goal. Adve… Read More
Business Law
2023-01-08 07:56
What Is Business Law? Business Law, also known as commercial law, controls the rules and regulations associated with the business. It specifies the codes related to business deals, the c… Read More
Matrix Organization
2023-01-07 12:56
What Is A Matrix Organization? A matrix organization is a system with many lines of reporting managers. It aims to give the organization more flexibility and break up the routine. Organiz… Read More
Credit Card Fraud
2023-01-07 12:24
Credit Card Fraud Definition Credit card fraud is an illegal act an individual commits to defrauding someone who is the actual credit card holder. For example, the purpose might be to bu… Read More
Mass Marketing
2023-01-07 11:47
Mass Marketing Definition Mass marketing is a process that involves appealing to as many potential customers as possible instead of focusing on customers’ requirements, niches, and… Read More
Bayesian Inference
2023-01-07 11:14
What Is Bayesian Inference?  Bayesian inference in mathematics is a method to determine the statistical inference to amend or update the probability of an event or a hypothesis as mo… Read More
Potential Customer
2023-01-07 10:33
Potential Customer Meaning Potential customers are a section of the advertisement audience who need the promoted product and can pay for it. A potential customer is yet to try or consume… Read More
Employee Engagement
2023-01-07 07:47
What Is Employee Engagement? Employee Engagement is the degree to which workers have a strong mental and emotional connection to the organization they work for, the teams they are a part… Read More
Conforming Loan
2023-01-06 10:42
What Is Conforming Loan? A conforming loan refers to a mortgage loan that matches the criteria set by Freddie Mac and Fannie Mae and is within the limit given by Federal Housing Finance… Read More
Catastrophe Bond
2023-01-06 10:34
What Is A Catastrophe Bond? A catastrophe bond (CAT bond) is a type of insurance-linked security (ILS) that helps insurance companies raise the amount for claims in the event of any catas… Read More
Affiliate Marketer
2023-01-06 10:30
What Is An Affiliate Marketer? An affiliate marketer is an independent marketer who partners with businesses to promote their goods instead of producing those goods. They commission every… Read More
Perfectly Competitive Market
2023-01-06 10:30
What Is Perfectly Competitive Market? A perfectly competitive market is an ideal market distinguished by many independent buyers and sellers of identical products and services with static… Read More
Professional Liability Insurance
2023-01-06 08:19
What Is Professional Liability Insurance? Professional liability insurance, often known as PLI, protects professionals like accountants, attorneys, and doctors against claims of negligenc… Read More
Deed Of Trust
2023-01-05 13:03
What Is A Deed Of Trust?  A deed of trust for property, or trust deed, is a document used in real estate to transfer the legal title of an asset to a third party who holds it in… Read More
Professionalism
2023-01-05 12:59
Professionalism Meaning Professionalism is a person’s abilities, competence, and behavior in a particular profession. It aims for higher standards, more remarkable performance, and… Read More
Affiliate Marketing
2023-01-05 12:36
What Is Affiliate Marketing? Affiliate marketing is a marketing strategy in which firms partner with third parties, known as affiliates, to generate leads to its website and, thus, sales… Read More
Transfer Of Shares
2023-01-05 12:20
What Is Transfer Of Shares? Transfer of shares is when the ownership of the shares is transmitted or passed on from the current holder to another person. The owner of the shares can choos… Read More
Data Mining
2023-01-05 11:43
What Is Data Mining? Data mining is a process that involves spotting anomalies and identifying patterns and correlations in large data sets to estimate future trends. Companies use this p… Read More
Acting In Concert
2023-01-04 15:51
Acting In Concert Meaning Acting in concert refers to a situation where two or more people, mostly parties to a contract or any other joint activity, agree to pursue a common goal and coo… Read More
Target Audience
2023-01-04 14:38
What Is Target Audience? Target Audience refers to a group of people having common buying traits selected by a firm as potential customers for the sales and marketing of their products. I… Read More
Asset Allocation Fund
2023-01-04 12:25
What Is An Asset Allocation Fund? An asset allocation fund is a diversified portfolio that invests across different asset classes. These allocation funds have a set percentage of investm… Read More
Voluntary Unemployment
2023-01-04 11:35
What Is Voluntary Unemployment? Voluntary unemployment is a circumstance in which individuals are unemployed, not because there are no jobs in the country but because they cannot find a j… Read More
Market Order
2023-01-04 09:57
What Is A Market Order? A market order is an instruction to buy or sell a stock at the best price. These orders are usually executed immediately. It is an instruction from an investor sen… Read More
Listed Property
2023-01-03 15:02
What Is A Listed Property?  Listed property is a type of asset mainly used for business purposes and is subject to depreciation. The property can also have personal uses, but it shou… Read More
High-Yield Savings Account
2023-01-03 14:29
What Is High-Yield Savings Account? A high-yield savings account is a kind of savings account offering an above-average interest rate on deposits. Such accounts usually pay 20-25 times mo… Read More
Return On Capital Employed (ROCE)
2023-01-03 11:04
What Is Return On Capital Employed? Return On Capital Employed (ROCE) refers to the financial ratio that helps assess the return that a company or business generates with respect to the c… Read More
Consumer Behavior
2023-01-03 10:14
What Is Consumer Behavior? Consumer behavior is the pattern of response or action of consumers while purchasing goods and services. The pattern might be related to habits, frequency, mark… Read More
Prospectus
2023-01-03 09:03
Prospectus Meaning A prospectus is a legal document that a company issues to the public giving details of an offer for investment. This document is filed with the Securities and Exchange… Read More
Top-Down Approach
2023-01-03 05:42
What Is Top-Down Approach? In top-down approach, when it comes to investing, it refers to emphasizing on forecasting the economy rather than selecting specific stocks. This approach origi… Read More

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