Chamber of Commerce – Explained

by TheBusinessProfessor | Feb 23, 2025 | Economic Analysis & Monetary Policy

What is the Chamber of Commerce?Chamber of Commerce refers to an institution or an association of business personnel or individuals established for the protection of the interest of its members. Also referred to as a board of trade, a chamber of commerce consists of a...

Demand Theory – Explained

by TheBusinessProfessor | Feb 23, 2025 | Economic Analysis & Monetary Policy

What is Demand Theory?Demand theory refers to a theory that studies the relationship between the demand of consumer goods and their prices. It is the premises of the demand curve that creates a link between the quantity demanded and price for a product. With more...

Central Registration Depository – Explained

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

What is the Central Registration Depository?The Central Registration Depository, referred to as CRD, is an information hub for organizations and persons working in the US securities sector. FINRA regulates and manages the functioning of the CRD. It collects data...

Central European Free Trade Agreement – Explained

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

What is the Central European Free Trade Agreement (CEFTA)?The Central European Free Trade Agreement (CEFTA) is a trade agreement among non-EU nations that mostly belong to Southeastern Europe. It was established by members representing Hungary, Poland, and...

Brokerage Account – Explained

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

What is a Brokerage Account?A brokerage account is a taxable account that an investor opens under a certified brokerage firm for investment purposes. The investor can deposit money by writing checks or linking the account to their savings account. The brokerage firm...

Common Size Financial Statement – Explained

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

What is a Common Size Financial Statement?A common size financial statement is a financial statement or balance sheet that presents itself as a percentage of the base number of sales or assets. The process of creating a common size financial statement is known as...

Commodity Price Risk – Explained

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

What is a Commodity Price Risk?Commodity price risk refers to financial losses that may occur to both the consumer, and the producer when there is a change in commodity prices. A risk for the buyers is that the prices for commodities may be high. Take an example of...

Commodity Swap – Explained

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

What is a Commodity Swap?Commodity swap refers to a financial transaction between two parties who agree to exchange commodity prices cash flow so that they can manage commodity price-related risks. Commodities involved in swaps include livestock, precious metals, or...

Prime Bank – Explained

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

Update Table of Contents What is a Prime Bank?How Does a Prime Bank Work?How Fraudsters Benefit from Prime Bank SchemesHow to Identify Fraudulent Prime Bank Schemes What is a Prime Bank?A prime bank is a term used in finance to refer to a larger and well-known bank....

Prime (Lending) – Explained

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

Update Table of Contents What is the Prime Rate?How is Prime Rate Used?About Prime borrowersHow does one become a Prime Borrower?What Benefits does one get for being a Prime Borrower?Subprime Borrowers About Prime LoansHow a Non-qualifying prime borrower can qualify...