by TheBusinessProfessor | Feb 23, 2025 | Investments, Trading, and Financial Markets
What is an Automated Bond System?The Automated Bond System (ABS) is an electronic system for bond information and bond trading. ABS is a digital platform for the New York Stock Exchange (NYSE) that tracks the prices and records the bids and offers of inactive bonds...
by TheBusinessProfessor | Feb 23, 2025 | Economic Analysis & Monetary Policy
What is Shapley Value?The Shapely Value is a gaming theory that posits that gains and losses (costs) of a game should be distributed fairly amount all the actors who worked collaboratively. This theory is a solution theory used in a context where there is cooperation...
by TheBusinessProfessor | Feb 23, 2025 | Banking, Lending, and Credit Industry
Update Table of Contents What is the Expedited Funds Availability Act?How Does the Expedited Funds Availability Act Work?Hold Types Allowed Under EFAAStatutory HoldsLarge Deposit HoldsNew Account HoldsException HoldsInsurance Checks What is the Expedited Funds...
by TheBusinessProfessor | Feb 23, 2025 | Banking, Lending, and Credit Industry
Update Table of Contents What is the Schumer Box?How Does the Schumer Box Work? What is the Schumer Box?A Schumer box refers to a table or box that contains the summary of the costs (fees and rates) and conditions (terms) of a credit card in the United States. The...
by TheBusinessProfessor | Feb 23, 2025 | Investments, Trading, and Financial Markets
What is an Industry Classification Benchmark?The Financial Times Stock Exchange (FTSE) and Dow Jones in 2005 created the Industry Classification Benchmark (ICB). It is a type of market classification for stocks that allow investors to compare economic trends. The FTSE...
by TheBusinessProfessor | Feb 23, 2025 | Investments, Trading, and Financial Markets
What is a Continuous Quotation System?A continuous quotation system is defined as a securities trading system which when orders are placed, creates room for transactions and market makers. Securities are investment instruments that provide evidence of debt or equity...
by TheBusinessProfessor | Feb 23, 2025 | Investments, Trading, and Financial Markets
What is a Base Currency?The base currency is the first currency in a forex pair quotation referred to as the transaction currency. The second of the pair is the quote currency or the counter currency. The base currency can be used to represent all profits and losses...
by TheBusinessProfessor | Feb 23, 2025 | Economic Analysis & Monetary Policy
What is Hubbert’s Peak Theory?Hubbert’s peak is defined as the point where the demand for the resources is rising at its highest production rate and then expects a reduction in the correlation with the increased demand. As demand continues to rise but...
by TheBusinessProfessor | Feb 23, 2025 | Business Finance, Personal Finance, and Valuation Principles
What is Conduit Financing?This is a financing mechanism for a non-profit organization. It occurs when the government or other agency acquires fixed income securities for a non-profit organization to finance large projects. Here, the government or other agencies...
by TheBusinessProfessor | Feb 23, 2025 | Economic Analysis & Monetary Policy
What is Contagion?Contagion can be referred to as an economic crisis or changes in a regional market which has a total influence on another. In other words, economic breakdown or others in a specific geographic region influences another region. Since the economy of...
