Original Issue Discount – Explained

by TheBusinessProfessor | Feb 23, 2025 | Investments, Trading, and Financial Markets

What is an Original Issue Discount?An original issue discount (OID) is when the companies sell their face value bonds at a discount. Often bonds are sold at maturity for a sum less than their stated value; the difference is the OID, which becomes the buyer’s...

Medium Term (Investments) – Explained

by TheBusinessProfessor | Feb 23, 2025 | Investments, Trading, and Financial Markets

What is the Medium Term?A Medium-term is a term used in investment to describe an investment holding period of between 1 to 3 years. The time horizon in a medium-term investment is intermediate, the investor is expected to receive the return on investment and the...

McFadden Act – Explained

by TheBusinessProfessor | Feb 23, 2025 | Banking, Lending, and Credit Industry

Update Table of Contents What is the McFadden Act?How Does the McFadden Act Work?Legislative History What is the McFadden Act?The McFadden Act is Federal legislation in the United States that allows different states to regulate and govern bank branches located within...

Institute of Management Accountants – Explained

by TheBusinessProfessor | Feb 23, 2025 | Managerial & Financial Accounting & Reporting

What is the Institute of Management Accountants?The largest corporate association for accountants and professionals in the finance and business industry is the Institute of Management Accountants (IMA). IMA trains and educates individuals and also exposes them to the...

Institute for Supply Management – Explained

by TheBusinessProfessor | Feb 23, 2025 | Operations, Project, & Supply Chain Management

What is the Institute for Supply Management?The Institute for Supply Management (ISM) is an association that trains and educates individuals in the supply management profession. This institute is the oldest and largest supply management association in the world with...

Asset Coverage Ratio – Explained

by TheBusinessProfessor | Feb 23, 2025 | Managerial & Financial Accounting & Reporting

What is Asset Coverage Ratio?The asset coverage ratio is a test that measures the ability of a company to meet financial obligations after all liabilities have been resolved. This ratio also determines whether a company can cover its level of debt with its assets....

Asia Pacific Economic Cooperation – Explained

by TheBusinessProfessor | Feb 23, 2025 | Global Business, International Law & Relations

What is the Asia-Pacific Economic Cooperation (APEC)?The Asia-Pacific Economic Cooperation (APEC), is a group of 21 big economies whose coalition was based on fostering economic growth and sustainable development among the member countries. APEC was established in...

Basel Accord – Explained

by TheBusinessProfessor | Feb 23, 2025 | Banking, Lending, and Credit Industry

Update Table of Contents What is the Basel Accord?How Does the Basel Accord Work?Basel IBasel IIBasel III What is the Basel Accord?The Basel Accords refer to a set of banking regulations that gives recommendations with respect to market risk, capital risk, and...

Beacon Score – Explained

by TheBusinessProfessor | Feb 23, 2025 | Banking, Lending, and Credit Industry

Update Table of Contents What is a Beacon Score?How Does a Beacon Score Work?Equifax What is a Beacon Score?The Beacon score refers to a credit score that indicates the creditworthiness of individuals to borrowers. The Equifax Credit Bureau generates the Beacon scores...

Chartered Retirement Plans Specialist – Explained

by TheBusinessProfessor | Feb 23, 2025 | Professionalism & Career Development

What is a Chartered Retirement Plans Specialist (CRPS)?The Chartered Retirement Plans Specialist (CRPS) is a professional designation awarded by the college of Financial Planning (CFFP) to individuals who specialize in creating and managing retirement plans for...