Business

A price ceiling is a price restriction, or limit, established by the government or a group on the amount that can be charged for a…

Transaction costs are costs incurred that do not accrue to any of the transaction’s participants. It is a cost in making any economic trade when…

A transfer payment is a one-way payment made to a person or organization for which no goods or services were given or exchanged. In macroeconomics…

A price floor is a set of minimum prices for products and services that is generally imposed by the government. Governments typically establish a price…

A floor trader (FT) is an individual who trades for his or her own account on the exchange floor. It must follow the same trading…

The study of how people generate shared meaning through the use of verbal and nonverbal symbols is known as speech communication. Speech Communication majors work…

Macaulay duration, also known as a term to maturity or average life, is the weighted average maturity of cash flows, in which the time of…

Gogoro has decided to go public. The company, which is best known for its electric Smart scooters and swappable battery infrastructure, announced today that it…

Modified duration is a useful measure of a bond’s price (the present value of its cash flows) sensitivity to interest rate changes. It is an…

When it comes to interviews, it is always a good idea to ‘be prepared.’ Without a doubt, interviews are extremely valuable to an organization because…

Transfer pricing is a tax and accounting practice that allows for the pricing of transactions within businesses and between subsidiaries that share common control or…

Effective Duration assesses the price sensitivity of hybrid security (bond and option) to a change in the benchmark yield curve by measuring the duration of…