Haas School of Business
What is 'Haas School of Business' The business school at the University of Berkeley. It offers a wide variety of programs, including an MBA degree, master's program in financial engineering, Ph.D. and undergraduate studies. The school's programs are usually ranked among the top in the country. Explaining 'Haas School of Business' The Haas School...
Vagit Y. Alekperov
What is 'Vagit Y. Alekperov' The founder of major Russian oil company Lukoik. Lukoil began as Langepas-Uray-Kogalymneft, a Russian state-owned energy company that Alekperov helped to found in 1991. He became the company's president when it became Lukoil in 1993. Alekperov owns a 20% stake in Lukoil, which is an international energy giant. Explaining 'Vagit...
Hacktivism
What is hacktivism and what are its goals Hacktivism is a type of activism that uses computer hacking to further its goals. While the goals of hacktivism can vary, they often include raising awareness about a cause, protesting against a company or government, or promoting a political agenda. Hacktivists typically use denial-of-service attacks to shut down websites or systems, but...
PEG Ratio
Source: WikipediaLast Sourced: 2021-02-01This Article has been Edited for AccessibilityPEG ratio The 'PEG ratio' (price/earnings to growth ratio) is a valuation metric for determining the relative trade-off between the price of a stock, the earnings generated per share (EPS), and the company's expected growth. In general, the P/E ratio is higher for a company with a higher growth rate....
KOF Economic Barometer
What is 'KOF Economic Barometer' A composite indicator that provides a reliable reading on the direction of GDP growth for the Swiss economy compared with the year-earlier quarter. The KOF Economic Barometer is based on a multi-sectoral design with three modules: core GDP, construction and banking. The barometer has a complex structure, as it bundles as many...
Macro Environment
What is a 'Macro Environment' A macro environment is the condition that exists in the economy as a whole, rather than in a particular sector or region. In general, the macro environment includes trends in gross domestic product (GDP), inflation, employment, spending, and monetary and fiscal policy. The macro environment is closely linked to the general business...
DTI
DTI is debt to income ratio Your debt to income ratio is an important part of your credit score calculation A low debt to income ratio is preferable Further Reading Economic growth, development of telecommunications infrastructure, and financial development in Asia, 1991–2012 - www.sciencedirect.com The role of finance and corporate governance in national systems of innovation...
KRW (Korean Won)
What is 'KRW' The currency abbreviation or currency symbol for the Korean won (KRW), the former currency for Korea. The won was made up of 100 chon and is often presented with the symbol (__). No banknotes denominated in won were ever issued. Explaining 'KRW' The won was first seen in 1902, replacing the...
Pac-Man Defense
DefinitionThe Pac-Man defense is a defensive business strategy used to stave off a hostile takeover, in which a company that is threatened with a hostile takeover "turns the tables" by attempting to acquire its would-be buyer. The name refers to Pac-Man, a video game in which the protagonist is at first chased around a maze of dots by 4...
Haircut
What is a 'Haircut' A haircut is the difference between prices at which a market maker can buy and sell a security. The term comes from the fact that market makers can trade at such a thin spread. Explaining 'Haircut' In the financial world, a haircut refers to a negative spread between either the buying...