ABC Agreement
What is 'ABC Agreement' An agreement made between a purchasing member with a seat on the NYSE and the firm in which he or she works. With the approval of the NYSE, this agreement stipulates that the employee of the firm may: Explaining 'ABC Agreement' ABC agreements are important because the firm pays for...
Daily Factor
What is 'Daily Factor' A decimal representing the portion of an annual yield earned in one day. Daily factors are often reported alongside current annualized yield figures, and can be translated back to the current yield by multiplying the number by 365. Explaining 'Daily Factor' For example, a certificate...
Labor Market Flexibility
What is labor market flexibility and why is it important Labor market flexibility is the ability of businesses to respond quickly to changes in market demand by changing the number of employees they have, the wages they offer, or the hours employees work. This flexibility is important because it helps businesses to remain competitive and to adapt to changes in...
U-Shaped Recovery
What is U-shaped recovery In economics, a U-shaped recovery refers to the pattern of economic growth following a recession. The term is used to describe the shape of the recovery curve, which typically resembles a "U" when graphed. The term can also be used to describe the period of time it takes for an economy to recover from a recession. During...
HEC International Business School
What is HEC International Business School HEC International Business School is a school that offers undergraduate and graduate programs in business administration and management. The school is located in France and is accredited by the AACSB. HEC Paris has been ranked as the best business school in Europe by the Financial Times. The school offers a variety of programs, including...
WACC – Weighted Average Cost of Capital
Source: WikipediaLast Sourced: 2021-02-01This Article has been Edited for Accessibility Further Reading WACC the dog: The effect of financing costs on the levelized cost of solar PV power - www.sciencedirect.com Investment, financing and the role of ROA and WACC in value creation - www.sciencedirect.com A General Formula for the WACC - papers.ssrn.com A More Realistic Valuation: APV and...
Xetra
What is 'Xetra' An all-electronic trading system based in Frankfurt, Germany. Launched in 1997 and operated by the Deutsche Börse, the Xetra platform offers increased flexibility for seeing order depth within the markets and offers trading in stocks, funds, bonds, warrants and commodities contracts. The Xetra system was originally created for use on the Frankfurt...
Taguchi Method Of Quality Control
What is the 'Taguchi Method Of Quality Control' The Taguchi method of quality control is an approach to engineering that emphasizes the roles of research and development, product design and product development in reducing the occurrence of defects and failures in products. The Taguchi method considers design to be more important than the manufacturing process in quality...
PAB
What is 'PAB' In currencies, this is the abbreviation for the Panama Balboa. Explaining 'PAB' The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. Further Reading Photovoltaics: added value of architectural integration -...
S&P 500
Definition The Standard & Poor's 500, often abbreviated as the S&P 500, or just the S&P, is an American stock market index based on the market capitalizations of 500 large companies having common stock listed on the NYSE or NASDAQ. The S&P 500 index components and their weightings are determined by S&P Dow Jones Indices. It differs from other U.S....