What is Zcash? Zcash is a cryptocurrency built on a decentralized blockchain that uses advanced applied cryptography to provide enhanced security and privacy through shielded addresses. It was originally built on an open-source code similar to Bitcoin. Zcash is mainly focused on anonymity, which is realized through the use of zk-SNARKs, a specific type of…
What is Dogecoin? Dogecoin (DOGE) is an open-source, peer-to-peer cryptocurrency that was made as a parody of the crypto market following the establishment of Bitcoin. It was originally created as a light-hearted joke for crypto enthusiasts, but it quickly exploded to be one of the leading cryptocurrencies in use today. Dogecoin’s brand logo is based…
What is Prime Brokerage? Prime brokerage is a set of services offered by investment banks and other large financial institutions to hedge funds and other investment clients. The clients need such services when borrowing securities or cash for the purpose of netting to allow a specific asset to achieve a higher return. What is Netting?…
What is a Repurchase Agreement (Repo)? A repurchase agreement (“repo”), also known as a sale-and-repurchase agreement, is an agreement involving the sale and subsequent repossession of the same security at a future date at a higher price. In simple terms, it is an exchange of a security (which acts as collateral) for cash. Repurchase agreements…
What is Interest? Interest refers to the cost of borrowing money or the reward for lending money. Typically, banks charge interest on money borrowed on top of the expected repayment of the principal. At the same time, banks also pay interest on depositors’ funds in savings and investment accounts. They do so to entice more…
What is a Jumbo Loan? A jumbo loan is a mortgage used to finance high-valued properties that are above the Federal Housing Finance Agency (FHFA) conforming loan limits. Jumbo loans are also known as non-conforming loans since they exceed the conventional local conforming loan limits as determined by the FHFA enterprises, Fannie Mae and Freddie…
What is a Business Tax Deduction? A business or corporate tax deduction refers to an item that is subtracted from revenue in order to determine a company’s taxable income. Tax deductions are considered a form of tax relief for the company. Companies will file their appropriate tax returns at least annually. These returns will show…
What is the Elliott Wave Theory? The Elliott Wave Theory is a technical analysis technique developed by American accountant and author Ralph Nelson Elliott in the 1930s. Elliott studied several years of stock market data across various indices and was the first to predict a stock market bottom in 1935. Since then, the theory’s become…
What is the Financial Sector? Key Roles and Institutions The financial sector refers to the businesses and institutions that manage money and provide intermediary services to transfer and allocate financial capital in an economy. Understanding the Financial Sector Every business expansion, home purchase, and investment depends on a financial regulatory framework that moves money efficiently….
What is Domain Knowledge (Data Science)? In data science, the term domain knowledge is used to refer to the general background knowledge of the field or environment to which the methods of data science are being applied. Data science, as a discipline, can be thought of as the study of tools used to model data,…
