Earned Income – Explained

by TheBusinessProfessor | Feb 23, 2025 | Business Taxation

What is Earned Income?The term earned income is relevant for taxation purposes. It includes means any income derived from working for an organization or for someone or participating in any trade or business activity. The income can be either derived from rendering...

Extraterritoriality (Government) – Explained

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

What is Extraterritoriality?Extraterritoriality is a legal term which refers to extending a home country’s jurisdiction to citizens, businessmen, diplomats, and ambassadors in a foreign country. Simply put, it means that laws may be extended to people,...

Externalities (Economics) – Explained

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

What are Externalities?An externality is any positive or negative outcome of an economic activity that affects the population or surrounding environment that is not an intended or suspected effect or result. Externalities often occur when business activities affect...

Zero Coupon Bond – Explained

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

What is a Zero-Coupon Bond?A bond is a debt instrument issued by the government or by a company. It promises to make routine payments (coupon payments) to the holder. A zero-coupon bond, as the name implies, does not pay a coupon (interest). So, why would people buy a...

Export or Trade Finance – Explained

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

What is Export Finance?Export finance, also known as trade finance, refers to financing or funding activities related to export, import, and international trade. Export finance may include letters of credit, export insurance, shipment insurance, and export credit....

Expropriation – Explained

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

What is Expropriation?Expropriation is a legal term used to describe the government taking control of private assets or property ostensibly for public use. In many countries, an expropriation occurs and private assets are dispossessed without any payment to them. This...

Export – Import Bank (Ex-Im Bank) – Explained

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

What is the Ex-Im Bank?The Export-Import Bank of United States (Ex-Im Bank) is the official US bank specialized as an export credit agency (ECA). An ECA is an official entity established with the aim to financially assist companies in the USA that want to do business...

Export License – Explained

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

What is an Export License?An export license is the authorization issued to exporters by a host country to carry on import-expert activities with individuals from other countries. US export regulations define export as any goods or services sent to foreign countries,...

Export Trading Company – Explained

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

What is an Export Trading Company (ETC)?An Export Trading Company is a commercial institution (often a bank) that facilitates and financially supports those firms that are engaged in international trade. The Export Trading Company (ETC) may provide billing,...

Earned Income Tax Credit – Explained

by TheBusinessProfessor | Feb 23, 2025 | Business Taxation

What is an Earned Income Tax Credit?There earned income tax credit is a tax credit for low-income individuals. The EITC is a refundable credit, meaning that the individual can actually receive back from the federal government more money than they paid into taxes. 2021...