Baccalaureate Bond
What is 'Baccalaureate Bond' A zero-coupon bond issued by certain states to assist families in saving for college tuition by means of...
What is the Real Interest Rate in 2020?
How do you find the real rate? The real interest rate can be calculated by removing the inflation rate from the current nominal interest...
Valoren Number
What is 'Valoren Number' An identification number assigned to financial instruments in Switzerland. These numbers are similar to the CUSIP numbers that...
KWD (Kuwaiti Dinar)
What is 'KWD' The currency abbreviation or currency symbol for the Kuwaiti dinar (KWD), the currency of Kuwait. The dinar is made...
Macro Manager
What is 'Macro Manager' A boss or supervisor who lets employees do their jobs with minimal supervision. Macro managers are thought of...
Zero-Based Budgeting (ZBB)
What is 'Zero-Based Budgeting - ZBB' Zero-based budgeting (ZBB) is a method of budgeting in which all expenses must be justified for...
NPV – Net Present Value
The difference between the present cash value and the value of cash outflows at present will give you the net present value. Net present...