What is Explicit Writing? Explicit writing is a fundamental technique in business writing. It is essentially the creation of statements that explain their purpose and leave the reader with a clear and concise understanding of the context of a statement. Learning to ask “why” when putting a statement into a report, email, or any informative…
What is a Subscription Agreement? A subscription agreement is a formal agreement between a company and an investor to buy shares of a company at an agreed-upon price. The subscription agreement contains all the required details. It is used to keep track of outstanding shares and share ownership (who owns what and how much) and…
What is a Sublease? A sublease is a lease between the original lessee of a property to another third party. A sublease arrangement makes the original property tenant now a landlord of sorts. In such arrangements, the lessee is still responsible to the landlord for all the rent and lease payments. However, the third party…
What is the Heston Model? The Heston model is a stochastic model used to evaluate the volatility of an underlying asset. Like other stochastic models, the Heston model assumes that the volatility of an asset follows a random process rather than a constant or deterministic process. The Heston model was developed to help price options…
What is Say’s Law of Markets? Say’s Law of Markets states that the supply of a good or service creates demand for that good or service. Jean Baptiste Say, a classical French economist, studied the nature of markets in his 1803 book “Treatise on Political Economy” and put forth the view that supply creates its…
What is a Hashed Timelock Contract (HTLC)? A Hashed Timelock Contract (HTLC) is a transactional agreement used in the cryptocurrency industry to produce conditional payments. It is basically a payment wherein the receiver or the beneficiary is required to acknowledge the receipt of payment before a predetermined time or a preset deadline. The receiver is…
What is the Short Interest Ratio? The short interest ratio is a mathematical indicator of the average number of days it takes for short sellers to repurchase borrowed securities in the open market. How to Calculate the Short Interest Ratio The short interest ratio is calculated by dividing the total number of shorted shares of…
What is the Seasonally Adjusted Annual Rate (SAAR)? The seasonally adjusted annual rate (SAAR) is an adjustment made to financial and economic data to take into account seasonal variations that occur through a period and is expressed as an annual total. Why is the Seasonally Adjusted Annual Rate a Crucial Measure Seasonal variations in data…
What is a Simple Agreement for Future Tokens (SAFT)? A simple agreement for future tokens, commonly referred to as the SAFT, is a contractual investment agreement in the domain of cryptocurrencies between crypto developers and its authorized investors. It is a contractual investment agreement that involves the agreement of the authorized investors to finance the…
What is the On-Balance Volume Indicator (OBV)? On-Balance Volume Indicator (OBV) refers to a technical indicator of momentum that utilizes the positive or negative flow of the volume of trading to reflect the relative buying and selling pressure on a financial asset, with the aim of predicting the probable direction of near-term price changes. In…
