Bottom-Up Forecasting Bottom-up forecasting is a technique for estimating a company’s future performance by starting with low-level data and moving up to revenue. It is the forecast…
Top-Down Forecasting The top-down forecasting approach uses a “bird’s eye” perspective of the whole market that is practically reachable to anticipate a company’s revenue. It’s a technique…
Business Forecasting Business forecasting is the projection of a company’s or industry’s future developments based on historical and current data trends and patterns. “Our sales did not…
Financial Forecasting Forecasting is the process of predicting what will happen in the future based on previous events and current events. It’s a planning technique that assists…
Authorized Stock The amount of units of stock that a company or startup can issue to the general public is referred to as authorized stock, or authorized…
Sterling Overnight Interbank Average Rate (SONIA) The Sterling Overnight Interbank Average Rate (SONIA) is the effective overnight interest rate paid by banks on unsecured loans in British sterling. It indicates the…
Interbank Market The interbank market is a market where big privately held banks trade foreign currency. It’s the top-tier foreign exchange market, where banks trade various currencies.…
Open-end Fund Mutual funds that issue shares to investors based on the fund’s net asset value (NAV) per share are known as open-end funds (or open-ended funds).…
Closed-end Fund (CEF) A closed-end fund (CEF) or closed-ended fund is a pooled asset portfolio that obtains a predetermined amount of money through an initial public offering (IPO)…
New Fund Offer (NFO) A new fund offer (NFO) is how an asset management firm raises money for its securities purchases by launching a new fund on a first-come,…
Donor-Advised Fund (DAF) A donor-advised fund (often referred to as a DAF) is a charitable giving vehicle managed by a public charity for the benefit of organizations, families,…
Permanent Capital Vehicle (PCV) A permanent capital vehicle (PCV) is a form of investment in which accessible capital or permanent capital is handled for an indefinite length of time.…