Alternative Mortgage Instrument – Explained

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

Update Table of Contents What is an Alternative Mortgage Instrument?How does an Alternative Mortgage Instrument Work?Timeline of Alternative Mortgage InstrumentsIllustration of an Alternative Mortgage Instrument What is an Alternative Mortgage Instrument?An...

Accounting Standards Board – Explained

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

What is the Accounting Standards Board (ASB)?The Accounting Standards Board (ASB) is a former organization that was responsible for drafting and issuing accounting standards in the United Kingdom. The ASB was located in London, England and was similar in function to...

Acceptance Theory of Authority – Explained

by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior

What is the Acceptance Theory of Authority?The acceptance theory of authority states that a manager’s authority over his/her subordinates depends on the willingness of the subordinates to accept his/her right to give orders and comply with them. While the...

Absolute Breadth Index – Explained

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

What is the Absolute Breadth Index?Absolute Breadth Index (ABI) is an indicator to measure the market volatility without factoring in price direction. It is a momentum indicator which tracks the movement of the stocks on the exchange but not their directions. The...

ABA Transit Number – Explained

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

Update Table of Contents What is an ABA Transit Number?How Does an ABA Transit Number Work? ABA Transit Number EligibilityHow is an ABA Transit Number Used? What is an ABA Transit Number?ABA Transit Number refers to a 9-digit code number assigned to financial...

ABA Bank Index – Explained

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

Update Table of Contents What is an ABA Bank Index?How Does an ABA Bank Index Work?NASDAQ OMX ABA Community Index (ABQI)ABA NASDAQ Community Bank Total Return Index (XABQ)Functions of ABA Banking IndexABA Bank Index ImportanceABA Banking Index Benefits What is an ABA...

Bermuda Option – Explained

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

What is a Bermuda Option?A Bermuda option refers to an exotic option type which is only exercisable to predetermined dates, usually on a day per month. Bermuda options are a blend of European and American options. Bermuda is can be exercised at the expiration date,...

Baby Boom Age Wave Theory – Explained

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

What is the Baby Boomer Age Wave Theory?Baby Boomer Age Wave Theory refers to an economic theory that suggests that the economy will peak or culminate in markets and also consumer spending as the generation of Baby Boom aged. Coined by an economist named Harry Dent,...

Across the Board (Finance) – Explained

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

What is Across the Board?The term, across the board, is a market-wide directional movement, or a market condition where the majority of sectors and stocks move in exactly the same directions. Usually, market-wide events bring about these movements. The phrase now...

Effective Yield – Explained

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

What is Effective Yield?The total yield of a bond when the bondholder reinvests the interest of the bond is referred to as effective yield. Effective yield is often higher than the nominal yield, this is because it is the total yield a bondholder receives on the...