What is a Variable-Rate Certificate of Deposit? A variable-rate certificate of deposit (CD) is a financial product that is offered by commercial bank institutions and credit unions that allows customers to deposit and save their money for a fixed period of time with varying interest rates. How Variable-Rate CDs Work Variable-rate certificates of…
What is a Non-Traded REIT? A non-traded REIT refers to a real estate investment trust (REIT) that is not listed and traded on a public exchange. Non-traded REITs allow investors to access diversified real estate investments with little capital requirements and added taxation benefits. Real Estate Investment Trust (REIT) Explained A real estate investment trust…
What is a Money Market Account (MMA)? A money market account (MMA) is a type of savings account that features the traits of a checking account – namely, it comes with checks and/or a debit card and the ability to complete a few transactions monthly without incurring bank fees. The Federal Reserve, however, still classifies…
What are Net Sales? Net sales are the total revenue generated by a company, excluding any sales returns, allowances, and discounts. It is a very important figure and is used by analysts when making decisions about the business or analyzing a company’s top line growth. The formula for net sales is demonstrated in the image…
What is Net Volume? Net volume is used to indicate the difference between a security’s uptick volume and downtick volume. Uptick volume is the volume of a company’s shares that are traded when the stock price is rising. Similarly, downtick volume is the volume of shares that are traded when the stock price is falling….
What is a Virtual Team? A virtual team, also known as a geographically dispersed team or a remote team, is a group of people who interact through electronic communications. Members of a virtual team are usually located in different geographical regions. Since communication is not in-person, trust and good communication are crucial to the success…
What is a Personal Financial Statement? A personal financial statement is a document, or set of documents, that outlines an individual’s financial position at a given point in time. It is usually composed of two sections – a balance sheet section and an income flow section. Although an individual can use more complex personal financial…
What is a League Table? A League Table is a list of investment bankers that highlights their rankings in the deal-making industry. Popular services provided by investment bankers include underwriting, mergers and acquisitions (M&A), and financial and legal advisory services. A league table can be ranked according to several metrics, such as Deal Value, Deal…
What are the 5 P’s of Marketing? The 5 P’s of Marketing – Product, Price, Promotion, Place, and People – are key marketing elements used to position a business strategically. The 5 P’s of Marketing, also known as the marketing mix, are variables that managers and owners control to satisfy customers in their target market,…
What is a Bank Run? A traditional bank run occurs when too many customers withdraw all their money simultaneously from their deposit accounts with a banking institution for fear that the institution may be, or will become, insolvent. Although jurisdictions have deposit insurance schemes to cover depositors, the inability to use funds or a potential…
