Diversity and Cultural Constrain Communications – Explained

by TheBusinessProfessor | Feb 23, 2025 | Business Communications & Negotiation

How does Cultural Diversity Affect Communications?Diversity can be a challenge or strategic force that influences communication. What are the different types of diversity challenge? Procedural – Diversity can often be a source of obstacle or differences as far...

Ethics in Communication – Explained

by TheBusinessProfessor | Feb 23, 2025 | Business Communications & Negotiation

What are Ethics in Communication?Ethics are strategic forces that influence (and constrain) communications. Ethics refers to the principles of right and wrong that guide you in making decisions that consider the impact of your actions on others, as well as...

Depositary Receipt – Explained

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

What is a Depositary Receipt?A depositary receipt refers to a financial instrument for negotiation issued by a bank that represents the publicly traded shares of a foreign company. The financial certificate gives investors a chance to hold foreign countries equity...

Gift Tax – Explained

by TheBusinessProfessor | Feb 23, 2025 | Business Taxation

What is a Gift Tax?A gift tax is a type of federal tax where an individual transfers anything valuable to another person when the person is still alive, for the purpose of reducing tax. To consider something as a gift, what the gift receiver pays the donor should be...

Gross Income – Explained

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

What is Gross Income?Gross income or gross pay is the total pay of an individual from all their income sources before taxes and other deductions. For a company, gross income is the difference between the company’s revenue and the cost of goods sold (COGS)....

Future Advance (Mortgage) – Explained

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

Update Table of Contents What is a Future Advance?How Does a Future Advance Work?Revolving Credit versus Non-Revolving CreditRevolving Credit Non-Revolving Credit Benefits of Future AdvanceLimitations of Future Advance What is a Future Advance?A future advance is a...

Due on Sale Clause – Explained

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

Update Table of Contents What is the Due-on-Sale Clause?How Does the Due-on-Sale Clause Work?Exceptions of the Due-on-Sale ClauseHome Loans without a Due-on-Sale Clause What is the Due-on-Sale Clause?A due-on-sale clause or an acceleration clause is a specification in...

Five Percent Rule – Explained

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

What is the Five Percent Rule?In investment, the five percent rule is a philosophy that says an investor should not allocate more than five percent of their portfolio funds into one security or investment. The rule also referred to as FINRA 5% policy, applies to...

Ticker Symbol – Explained

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

What is a Ticker Symbol?A ticker symbol refers to an organization of characters or letters that symbolize specific securities that are either registered in the stock market or public markets. An organization issuing securities in the public market, chooses an existing...

Thrift Savings Plan – Explained

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

What is a Thrift Savings Plan?The Federal Employees Retirement System Act of 1986 regulates thrift savings plan (TSP) that is a kind of retirement savings plan. This plan is made for federal employees as well as members of the uniformed services such as the Ready...