National Registration Database (NRD)
What is 'National Registration Database - NRD' A Canadian database, launched in 2003 to replace the old paper form system, that allows...
EBITDA – Earnings Before Interest, Taxes, Depreciation and Amortization
In the increasingly complex economy of the modern day, a measure of growth and production has become necessary for all aspects of market activities....
Cash Flow
Cash flow refers to the total or net amount of cash and its equivalents that move in and out of an organization. If a...
Back Of The Napkin Business Model
What is 'Back Of The Napkin Business Model' A slang term that refers to the representation of the basic components of a...
Facility
What is a 'Facility' A facility is a formal financial assistance program offered by a lending institution to help a company that...
Call
What is a 'Call' A call auction is sometimes referred to a call market; it's a time on an exchange when buyers...
Value Investing
DefinitionValue investing is an investment paradigm which generally involves buying securities that appear underpriced by some form of fundamental analysis, though it has taken...
Import
What is an 'Import' An import is a good or service brought into one country from another. The word "import" is derived...
Pari-passu
Definition
Pari passu is a Latin phrase that literally means "with an equal step" or "on equal footing". It is sometimes translated as "ranking equally",...
Off Balance Sheet (OBS)
What is an 'Off Balance Sheet - OBS' Off balance sheet (OBS) items refer to assets or liabilities that do not appear...