Archives: Resources

Australian Dollar (AUD)

What is the Australian Dollar (AUD)? The Australian dollar refers to Australia’s official currency and is abbreviated as AUD. It is also the official currency of several regions, such as Norfolk Island, Christmas Island, and Keeling Islands. It is also currently used as the official currency by three sovereign Pacific Island nations – Nauru, Kiribati,…

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Swiss Franc (CHF)

What is the Swiss Franc (CHF)? The Swiss franc refers to Switzerland’s national currency and is represented by ISO code CHF. It was formally recognized as Switzerland’s currency in May 1850, replacing many currencies provided by its numerous member states. Switzerland consists of 26 member states, and German, Italian, French, and Romansh are its four…

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Minimum Lease Payment

What is a Minimum Lease Payment? The minimum lease payment is the minimum amount a lessee can pay over the term or lifetime of the lease. The present value of minimum lease payments determines the value of the lease, which is then recorded in the accounting books of a company. Minimum lease payments are also…

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Money Factor

What is the Money Factor? The money factor is the financing cost of a monthly lease payment. The money factor is essentially the portion of the monthly payments on a lease that is allocated to the financing cost of the lease. It is similar to the interest paid on a mortgage. The money factor is…

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Historical Returns

What are Historical Returns? The historical return of a financial asset, such as a bond, stock, security, index, or fund, is its past rate of return and performance. The historical data is commonly used in financial analysis to project future returns or determine what variables may impact future returns and the extent to which the…

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Harvest Strategy

What is a Harvest Strategy? A harvest strategy is a calculated decision to minimize all types of spending on a specific product to maximize profitability, despite a potential decline in market share. A harvesting strategy can be developed for product or business lines and serves as an “exit” plan should a product become outdated. Harvesting…

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Random Sampling

What is Random Sampling? Random sampling, or probability sampling, is a sampling method that allows for the randomization of sample selection, i.e., each sample has the same probability as other samples to be selected to serve as a representation of an entire population. Random sampling is considered one of the most popular and simple data…

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Lognormal Distribution

What is Lognormal Distribution? A lognormal distribution is common in statistics and probability theory. Lognormal distribution is also known as the Galton or Galton’s distribution, being named after Francis Galton, a statistician during the English Victorian Era. By definition, the lognormal distribution is the discrete and ongoing distribution of a random variable, the logarithm of…

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Key Money

What is Key Money? Key money refers to a fee paid by a lessee to a landlord or property owner to secure, renew, or extend a lease. Key money may be synonymous with a security deposit in some countries (such as in the United States) or a payment on top of a security deposit in…

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Key Employee

What is a Key Employee? A key employee in an organization is an individual with ownership in the organization and/or who has an influence on decisions made in the organization. Key employees are typically well-remunerated and are considered to be stakeholders in the running of an organization. Other words or phrases for key employees are…

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