Certified Fraud Examiner – Explained

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

What is a Certified Fraud Examiner?A Certified Fraud Examiner (CFE) is a professional designation awarded to individuals who investigates fraud and resolve fraud related cases. Fraud examiners are experts who are well-trained in detecting fraudulent activities,...

Certified Financial Statement – Explained

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

What is a Certified Financial Statement?A certified financial statement is a financial statement that has been audited and approved by an independent auditor. After a company prepares its income statement, cash flow statement and balance sheet, they are presented to a...

Market Discount (Bonds) – Explained

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

What is a Market Discount on Bonds?Market discount refers to the difference between the specified redemption price of a bond and its secondary market purchase price, specifically when the purchase price at the time was below par. It can also be defined as any given...

Market Capitalization Rule – Explained

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

What is the Market Capitalization Rule?The market capitalization rule refers to a regulation created by the New York Stock Exchange (NYSE) which determines a minimum or floor market value at which a company’s stock must be listed consecutively for 30 days. The...

Markdown (Marketing) – Explained

by TheBusinessProfessor | Feb 23, 2025 | Sales

What is a Markdown?Markdown is a business math term that refers to a reduction of the original retail sales price in order to increase sales. In other words, it is a process where the price list is permanently changed to a reduced price. Salespersons usually offer...

Marginal Utility – Explained

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

What is Marginal Utility?Marginal utility is an economic term which refers to extra satisfaction gained by a consumer for consuming an additional unit of either a commodity or service. This means that there is always a satisfaction that one gets when he or she uses an...

Oligopsony – Explained

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

What is an Oligopsony?Oligopsony works just like oligopoly involving a few number of sellers. This market has a few big buyers willing to buy a product or service. The number being limited enables the purchasers to have a sense of control over the sellers, and lets...

Okun’s Law – Explained

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

What is Okun’s Law?Okuns law establishes the relationship between the unemployment rate and the Gross National Product of the U.S. economy. So, if the unemployment in the U.S. reduces by 1%, it would result in a threefold increase in its GNP. This law is...

Offtake Agreement – Explained

by TheBusinessProfessor | Feb 23, 2025 | Sales

What is an Offtake Agreement?An offtake agreement refers to an agreement where a buyer and a manufacturer decide to either buy or sell specific portions of the products that the manufacturer will produce in the future. Generally, such agreements are finalized before...

Offshore Banking Unit – Explained

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

Update Table of Contents What is an Offshore Banking Unit?How Does an Offshore Banking Unit Work?History of Offshore Banking Units What is an Offshore Banking Unit?An offshore banking unit (OBU) refers to bank shell branch which is situated in some other global...