by TheBusinessProfessor | Feb 23, 2025 | Economic Analysis & Monetary Policy
What is the Pigou Effect?Pigou effect is an economic term referring to the relationship between employment, wealth, consumption, and output during the deflation period. According to the Pigou effect, when there is price deflation, the output (employment) increases due...
by TheBusinessProfessor | Feb 23, 2025 | Managerial & Financial Accounting & Reporting
What is a Piecemeal Opinion?A piecemeal opinion is a report that an external auditor issue regarding the financial statement opinion of specific line items. An auditor may give a piecemeal opinion when the about statement information is not complete. Generally...
by TheBusinessProfessor | Feb 23, 2025 | Investments, Trading, and Financial Markets
What is a Piotroski Score?The Piotroski score refers to a discrete score between 0-9 reflecting nine criteria that are used to determine the strength of a firm’s financial position. How is the Piotroski Score Used?The use of the Piotroski score is used to...
by TheBusinessProfessor | Feb 23, 2025 | Business Finance, Personal Finance, and Valuation Principles
What is an Anticipation Note?An anticipation note refers to a short-term municipal obligation issued to meet temporary financial needs. It is short-term because it has a duration of less than one year. Funds to pay of the principal of a note in the future are referred...
by TheBusinessProfessor | Feb 23, 2025 | Investments, Trading, and Financial Markets
What is an Annualized Rate?An annualized rate is a computed annual rate of return that an investor gets over a certain period. The Global Investment Performance Standards dictate that portfolios returns may not be annualized. It prevents the performance that has been...
by TheBusinessProfessor | Feb 23, 2025 | Investments, Trading, and Financial Markets
What is a Protected Fund?A protected fund refers to a type of mutual fund that guarantees investors a portion of their initial investment. The protected fund allows the shareholders to make a return from their investment in the stock market while guaranteeing their...
by TheBusinessProfessor | Feb 23, 2025 | Banking, Lending, and Credit Industry
Update Table of Contents What is the Mortgage Electronic Registration System?How Does the Mortgage Electronic Registration System Work?The Role of MERS in the Mortgage TransactionHow to Find Mortgage Information using MERSMortgage Electronic Registration System...
by TheBusinessProfessor | Feb 23, 2025 | Investments, Trading, and Financial Markets
What is a Fixed Annuity?A fixed annuity refers to a type of contract between you and the insurance company. It allows you to accumulate capital over a long period of time through a tax-deferred basis. In exchange, the insurance company guarantees you of your premium...
by TheBusinessProfessor | Feb 23, 2025 | Investments, Trading, and Financial Markets
What is a Fund Of Funds?Fund of funds, also known as FOF, is a type of investment strategy where funds are invested in other funds or hedge funds, instead of investing it directly in bonds, stocks, or other securities. It has often been referred to as a multi-manager...
by TheBusinessProfessor | Feb 23, 2025 | Investments, Trading, and Financial Markets
What is a Permanent Capital Vehicle?A permanent capital vehicle, also known as PCV, is a type of investment where capital available or permanent capital is managed for an unlimited period of time. Unlike a limited-life private investment fund, which takes a term of 10...
