What is a Real Estate Appraiser? A real estate appraiser is someone that is hired or commissioned to estimate the value of real property. The appraiser must be accredited by any governing bodies within the jurisdiction in question. It’s also a requirement that the real estate appraiser be completely objective and without bias towards any…
What is an Appraisal? An appraisal is best defined as an expert’s estimate of the value of “something.” Within the context of business and finance, that “something” is usually an asset (or a group of assets). Examples of assets that can be appraised include, but are not limited to: Real property (both commercial and residential)…
What is Business Risk? Business risk is a component of total risk. Business risk represents the notion that a firm may experience events or circumstances that create a threat to its ability to continue operating. A firm’s management team is regularly tasked with making decisions about how to grow and operate a business. However, every…
What is a Fixed-Rate Mortgage? A fixed-rate mortgage loan is a type of credit that’s secured by real property; it can be a residential or commercial property. If a mortgage is a fixed-rate mortgage, it means that the borrower (the debtor) and the lender (the creditor) agree to the interest rate ahead of loan disbursement,…
What is Collateral? Collateral is an asset pledged by a borrower, to a lender (or a creditor), as security for a loan. Borrowers generally seek credit in order to purchase things – it could be a house or a car for an individual, or it could be manufacturing equipment, commercial real estate, or even something…
What is a PESTEL Analysis? A PESTEL analysis is a strategic framework commonly used to evaluate the business environment in which a firm operates. Traditionally, the framework was referred to as a PEST analysis, which was an acronym for Political, Economic, Social, and Technological; in more recent history, the framework was extended to include Environmental…
What is the Ansoff Matrix? The Ansoff Matrix, often called the Product/Market Expansion Grid, is a two-by-two framework used by management teams and the analyst community to help plan and evaluate growth initiatives. In particular, the tool helps stakeholders conceptualize the level of risk associated with different growth strategies. The matrix was developed by applied…
How is the acquisition funded? The Twitter Board of Directors has agreed to Elon Musk’s buyout of Twitter’s stock, and both parties have executed a Definitive Merger Agreement. The specific details of the agreement can be found here. The deal is expected to close sometime in 2022. The time lag between signing and closing the…
Join a panel of acclaimed eLearning and financial services thought-leaders as they discuss the current state of training and skill development for finance professionals in 2022. In this webinar, we’ll share the latest trends in corporate training, uncovered from a survey of hundreds of organizations and finance professionals, including leading global banks, the Big Four…
What is a Peace Dividend? A peace dividend is a concept that long-term economic benefit(s) can be derived from decreasing defense spending and allocating resources elsewhere. In simpler terms, a peace dividend refers to the idea that money spent less on arms and more to fulfill human needs would spur greater long-term economic growth. The…
