US Savings Bond – Explained

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

What is a U.S. Savings Bond?A United States savings bond is a bond or debt security offered by the government to settle the borrowing needs of the government. U.S savings bonds are quite attractive and safe investments because they have fixed interest rates that...

Barone-Adessi and Whaley Model – Explained

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

What is the Barone-Adesi And Whaley Model?The Barone-Adesi and Whaley Model is a formula for pricing and estimating exchange-traded American options. This model is regarded as an efficient analytic approximation of the American values. The Barone-Adesi and Whaley...

Blockage Discount – Explained

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

What is a Blockage Discount?A blockage discount is a term that refers to the distinction between the current price (market value) of a stock quoted on exchange and price the stock is sold at the occurrence of block trade. Block trade occurs when there is an exchange...

Customs Electronic Bulletin Board – Explained

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

What is a Customs Electronic Bulletin Board (CEBB)?The Customs Electronic Bulletin Board (CEBB) is an electronic data surface that publicly displays all information on rulings, regulations, and procedures of the United States Customs Service. CEBB provides a periodic...

Boil the Ocean – Explained

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

What is Boil The Ocean?Boiling the ocean refers to an attempt to perform a seemingly impossible task. Also, it is used to refer to when the scope of a task or project is unnecessarily increased so as to become difficult to achieve. In strategy, it refers to situations...

Annuity – Explained

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

What is an Annuity?An annuity generally means a fixed amount or series of payments made to an individual, especially a retiree for the rest of his life. More comprehensively, an annuity can be described as a financial product which is created and sold by financial...

Inventory Management – Explained

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

What is Inventory?Inventory is a stock or store of goods (including raw materials in production) for resale. What are the Types of inventory? Raw materials Partially Completed Goods Finished-Goods inventories or merchandise Replacement Parts and Supplies...

Amortizable Bond Premium – Explained

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

What is an Amortizable Bond Premium?Amortizable Bond Premium refers to the cost of premium paid above the face value of a bond. The face value of a bond is also called “par value”, it is the original cost of a stock or the amount paid to the holder of a...

World Customs Organization – Explained

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

What is the World Customs Organization (WCO)?The World Customs Organization (WCO) is an intergovernmental organization that was created in 1952. WCO is independent and performs a wide range of functions in international customs administrations. It promotes reforms and...

Warsaw Convention – Explained

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

What is the Warsaw Convention?Warsaw Convention is an international convention or agreement that regulates the conveyance of goods or passengers or luggage in international transport, especially in the aviation industry. The Warsaw convention stipulates certain...