Tag: process

Magnetic Ink Character Recognition Line (MICR)

What is 'Magnetic Ink Character Recognition Line - MICR' The information that appears at the bottom of a check that includes the...

Management Audit

DefinitionManagement Audit is a systematic examination of decisions and actions of the management to analyse the performance. Management audit involves the review of managerial...

Manager Universe (Benchmark)

What is 'Manager Universe (Benchmark)' A peer group of investment managers who have the same investment style. Manager universe data is often...

Asset Allocation

DefinitionAsset allocation is the rigorous implementation of an investment strategy that attempts to balance risk versus reward by adjusting the percentage of each asset...

Abnormal Spoilage

What is 'Abnormal Spoilage' The waste or wrecking of inventory beyond what is expected in normal business processes. Abnormal spoilage can be...

Rational Behavior

What is 'Rational Behavior' A rational behavior decision-making process is based on making choices that result in the most optimal level of...

Real Estate Settlement Procedures Act (RESPA)

What is 'Real Estate Settlement Procedures Act - RESPA' This act was designed to protect potential homeowners and enable them to become...

Rational Choice Theory

DefinitionRational choice theory, also known as choice theory or rational action theory, is a framework for understanding and often formally modeling social and economic...

Rate Of Adoption

What is 'Rate Of Adoption' The number of members of a society who start using a new technology or innovation during a...
Rationalization

Rationalization

What is 'Rationalization' Rationalization is a reorganization of a company in order to increase its efficiency. This reorganization may lead to an expansion or reduction...

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