Chicago Board Options Exchange – Explained

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

What is the Chicago Board Options Exchange (CBOE)?The Chicago Board Options Exchange (CBOE) is a premier exchange holding firm and the largest options exchange in the world. It operates globally and provides services pertaining to equities, indices and interest rates....

Ocean Bill of Lading – Explained

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

What is an Ocean Bill Of Lading?An Ocean Bill of Lading (OBL), also known as a cargo receipt, is a contractual document used to evidence the transport goods to any overseas destination. The bill is issued to the shipper by the ocean carrier. The shipper must present...

Holding Period – Explained

by TheBusinessProfessor | Feb 23, 2025 | Business Taxation

What is a Holding Period?Holding Period is the amount of time that the purchaser of property is the record owner of that property. The holding period does not necessarily require physical position. This time period is significant as it affects tax liability for...

Asset-Backed Securities – Explained

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

What are Asset-backed Securities?An asset-backed security (ABS) refers to a security that is collateralized by a pool of financial assets. This asset-backed security derives its income payment and values from the pool of assets and serves as its collateral. An ABS...

Listed Stock or Listed Security – Explained

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

What is Listed Stock?Security means an instrument for the purpose of investment in the productivity of others. For example, stock shares, bonds, options, swaps, investment contract, are all securities. A Listed Security or Listed Stock is sold on a public exchange....

Likert Scale – Explained

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

What is the Likert Scale?Named after its inventor, Rensis Likert, the Likert scale is a tool used by researchers in questionnaires to determine responses by rating some items. It is commonly used interchangeably with the rating scale though there are other types of...

Lindahl Equilibrium – Explained

by TheBusinessProfessor | Feb 23, 2025 | Business Taxation

What is the Lindahl Equilibrium?A Lindahl tax is a form of taxation that is calculated according to the amount of satisfaction or benefit individuals receive from using an additional unit of the public good. So, the optimal level for producing a public good is the...

Line Sheet – Explained

by TheBusinessProfessor | Feb 23, 2025 | Sales

What is a Line Sheet?A line sheet is used by a manufacturer or distributor of a product to provide information to purchasers. The purchasers a generally wholesalers or retailers purchasing the goods to sell to end users. It is also used in the insurance industry to...

Lome Convention – Explained

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

What is the Lome Convention?This was an agreement by the European Community to provide aid and extend trade and tariff preferences to 62 African, Caribbean and Pacific (ACP) states.First held in 1975 at the capital of Togo, Lome, it was an agreement to increase...

London Interbank Bid Rate – Explained

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

Update Table of Contents What is the London Interbank Bid Rate?How is the the London Interbank Bid Rate Used? What is the London Interbank Bid Rate?The London Interbank Bid Rate (Libid) is the amount of interest London banks are willing to pay on money borrowed from...