by TheBusinessProfessor | Feb 23, 2025 | Investments, Trading, and Financial Markets
What is the Squawk Box?A squawk box refers to the speaker of an intercom or a public-address system used on trading desks to broadcast information. Squawk boxes are commonly found at brokerage firms and investment banks to broadcast information relating to trades. A...
by TheBusinessProfessor | Feb 23, 2025 | Investments, Trading, and Financial Markets
What is a Broker-Reseller?A broker-reseller is an individual or firm that buys and sells securities on behalf of its clients and for itself. This individual or firm acts as a broker or an agent when buying and selling securities for clients and as the principal or a...
by TheBusinessProfessor | Feb 23, 2025 | Economic Analysis & Monetary Policy
What is the Black Economy?A black economy, also known as a black market, informal market, or underground economy, is the collection of business activity and revenue that is not recorded by governments or regulatory bodies. The black economy generally consists of...
by TheBusinessProfessor | Feb 23, 2025 | Investments, Trading, and Financial Markets
What is an Ascending Channel?An ascending channel is a type of trading channel. A trading channel is defined as a range within which price shifts. An ascending channel or rising channel can be defined as the upward movement of prices in between very accurate limits....
by TheBusinessProfessor | Feb 23, 2025 | Banking, Lending, and Credit Industry
Update Table of Contents What is an Average Outstanding Balance?Calculate the Average Outstanding BalanceCredit Score Factors What is an Average Outstanding Balance?The average outstanding balance is a calculation used in short-term, revolving loans, such as credit...
by TheBusinessProfessor | Feb 23, 2025 | Banking, Lending, and Credit Industry
Update Table of Contents What is the Average Daily Balance Method?How Does the Average Daily Balance Method Work?Effect on Balances What is the Average Daily Balance Method?The average daily balance is a method of calculating interest rate by factoring the balance...
by TheBusinessProfessor | Feb 23, 2025 | Economic Analysis & Monetary Policy
What is a Bidding War?A bidding war occurs when there are too many buyers competing for the ownership of a single property to the extent of increasing the price of the property through increased bids. When the seller of a property receives several offers over a...
by TheBusinessProfessor | Feb 23, 2025 | Investments, Trading, and Financial Markets
What is an Auction Rate?An auction rate refers to the interest rate payable on debt security as determined by the Dutch auction process. Auction rate securities are debt securities traded through a dutch auction and have a long-term maturity which attracts interest...
by TheBusinessProfessor | Feb 23, 2025 | Investments, Trading, and Financial Markets
What is the Automated Customer Account Transfer Service?The Automated Customer Account Transfer Service (ACATS) is an electronic system that executes the transfer of assets from a trading account to another account. The transfer of assets or securities could be from a...
by TheBusinessProfessor | Feb 23, 2025 | Investments, Trading, and Financial Markets
What is the Modified Dietz Method?The modified Dietz Method is a preferred calculation method used in the investment management industry. It is well known as a good step toward improved investment portfolio attribution reporting. This method functions as a formula for...
