Manufacturer’s Identification Number – Explained

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

What is a Manufacturer’s Identification Number?The United States Customs use the Manufacturer’s Identification Number (MID) in the electronic data processing and monitoring of manufacturers. MID is an identifying reference number given to manufacturers...

Net Present Value – Explained

by TheBusinessProfessor | Feb 23, 2025 | Business Finance, Personal Finance, and Valuation Principles

What is Net Present Value?Net present value (NPV) refers to the variance between cash flows over a period of time. It measures the difference between the present value of cash inflows and cash flows for a given time. NPV accounts for the value of time, value of money,...

National Trade Data Bank – Explained

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

What is the National Trade Data Bank?The National Trade Data Bank (NTDB) is an electronic database that contains information and statistics on exports promotion, imports and international economic information. NTDB is supplied by 15 government agencies in the United...

Minority Enterprise Small Business Investment Company – Explained

by TheBusinessProfessor | Feb 23, 2025 | Strategy, Entrepreneurship, & Innovation

What is a Minority Enterprise Small Business Investment Company?The Minority Enterprise Small Business Investment Companies (MESBICs) are government-chartered venture firms that invest in companies or organizations that are at least 51 percent owned by members of a...

Mutual Fund – Explained

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

What is a Mutual Fund?A mutual fund is a pool of funds collected from many investors with the purpose of investing in securities. Mutual funds are often regarded as investment vehicles because the pool of money realized from investors are for investment. Mutual funds...

Multiple Linear Regression – Explained

by TheBusinessProfessor | Feb 23, 2025 | Research, Quantitative Analysis, & Decision Science

What is a Multiple Linear Regression?A Multiple linear regression (MLR) is a statistical technique, usually multivariate, which is used in examining the relationship between the explanatory and response variables. MLR examines and explains the interconnectedness or...

Money Market Fund – Explained

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

What is a Money Market Fund?A money market fund is a fund that offers a higher interest rate to investors when compared to other funds. It is a type of mutual fund, usually open-ended, that invests in only securities or high liquid cash that have a credit ratings and...

Local Algorithm – Explained

by TheBusinessProfessor | Feb 23, 2025 | SEO, Social Media, Direct Marketing

Update Table of Contents What is a Local Algorithm (local results)? What is a Local Algorithm (local results)?Local algorithm or local results are the aftermath of a user’s search on search engines, it is used by search engines in ranking businesses or listing...

Tax Shelter – Explained

by TheBusinessProfessor | Feb 23, 2025 | Business Taxation

What is a Tax Shelter?Tax shelter is any legal method used by taxpayers in minimizing taxable incomes. This in turn reduces the payments made to tax collecting bodies. This can be through investment accounts or by engaging in activities or transactions that minimize...

Swap (Finance) – Explained

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

What is a Swap?A swap refers to an exchange of a financial instrument between two parties. It is usually in the form of a derivative contract, and it takes place at a predetermined time as specified in the contract. Swap may be anything that ranges from cash flow,...