by TheBusinessProfessor | Feb 23, 2025 | Banking, Lending, and Credit Industry
Update Table of Contents What is a FHA 203(k) Loan?How Does a FHA 203(k) Loan Work?Types of 203(k) LoansStreamline 201(k): Minimal Repairs Standard 2013(k): Extensive Work How Do Lenders Use an FHA 203(k) Loan?Getting an FHA 203(k) LoanPros and Cons of an FHA 203(k)...
by TheBusinessProfessor | Feb 23, 2025 | Research, Quantitative Analysis, & Decision Science
Information Coefficient (IC)The information coefficient (IC) is a statistical measure of the merit of a predicted value as well as an evaluation of the proficiency or expertise of an investment analyst. Basically, the information coefficient measures the relationship...
by TheBusinessProfessor | Feb 23, 2025 | Operations, Project, & Supply Chain Management
What is Process Value Analysis?Process Value Analysis (PVA) is the evaluation of a company processes or procedures to determine whether they provide adequate value to the customers. The objective is to make business activities more efficient in terms of value delivery...
by TheBusinessProfessor | Feb 23, 2025 | Investments, Trading, and Financial Markets
What is a Supplemental Executive Retirement Plan?A supplemental executive retirement plan (SERP) is a non-qualified compensation plan offered to the key employees of a company and high-ranking officials such as CEOs, CFOs, and others. SERP is a tax-deferred retirement...
by TheBusinessProfessor | Feb 23, 2025 | Banking, Lending, and Credit Industry
Update Table of Contents What are Grandfathered Banking Activities?How Do Grandfathered Activities Work? What are Grandfathered Banking Activities?Grandfathered activities are non-bank operations that are considered illegal and not permissible, but are allowed to...
by TheBusinessProfessor | Feb 23, 2025 | Economic Analysis & Monetary Policy
What is Biflation?Biflation is an unusual situation in an economy where inflation and deflation exist simultaneously. When both inflation and deflation exist at the same time in an economy, Biflation has occurred. Osborne Brown, a Senior Financial Analyst coined the...
by TheBusinessProfessor | Feb 23, 2025 | Banking, Lending, and Credit Industry
Update Table of Contents What is an Aval?How Does an Aval Work?Aval and Credit Ratings What is an Aval?Aval refers to a written guarantee by a third party attached to a debt obligation which assures that a bill of exchange will be paid at maturity. The third party...
by TheBusinessProfessor | Feb 23, 2025 | Economic Analysis & Monetary Policy
What is a Bilateral Monopoly?A market structure where only one supplier and only one buyer exists is a bilateral monopoly. A bilateral monopoly is the combination of a monopoly (a single seller) and a monopsony (a single buyer) in a market. Bilateral monopoly occurs...
by TheBusinessProfessor | Feb 23, 2025 | Business Finance, Personal Finance, and Valuation Principles
What is Devolvement?Devolvement refers to an act of passing ones duty to another or delegating to another. An individual can devolve the authority or responsibility to another person. In investment, devolvement is a situation in which an underwriter or underwriting...
by TheBusinessProfessor | Feb 23, 2025 | Strategy, Entrepreneurship, & Innovation
What is the Corridor Principal?The Corridor Principle is a relatively new concept that states that the creation of a venture or firm by an entrepreneur opens it up to opportunities and ideas it could not see before the start of the business. This principle also...
