Spot Exchange Rate The spot exchange rate (or FX spot) is the current exchange rate between two currencies at a given point in time. To put it another…
Real Effective Exchange Rate (REER) The weighted average of a country’s currency against a basket of other currencies is known as the real effective exchange rate (REER). The weights are…
Nominal Effective Exchange Rate (NEER) The nominal effective exchange rate (NEER) is a method of calculating the nominal exchange rate of a currency in relation to a basket of other…
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).…
Airbnb Listings Associated with more Violent Crime Locally, Strip Clubs with Less Anyone trying to open a strip club or escort service who is concerned about the rising crime rate may face stiff resistance from their potential…
Factors that Influence Communication Communication should be effective enough to allow for the exchange of ideas. To make communication effective, information and emotion must be considered, as well as…
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,…
Wecasa Raises $17.7 Million for its Home Care and Wellness Marketplace French startup Vecasa has raised a $17.7 million fund (€15 million). Bliss is partnering with existing investors Serena, ISAI, and Frederick Mazella. The company is…
MaxAB, the Egyptian B2B Food, and Grocery Delivery Startup rises $40M for Expansion Globally, food and grocery distribution start-ups have led to late mega-rounds, especially in Europe where the epidemic has given birth to more people than ever…
Characteristics of a Company A voluntary association of people with common business objectives such as common capital, sharing of profit or loss, common seal, etc. is known as a…
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,…