What is a 'National Bank' A national bank, in the United States, is a commercial bank chartered by the comptroller of the currency of the U.S. Treasury. A national bank functions as a member bank of the...
DefinitionHarvard Business School is the graduate business school of Harvard University in Boston, Massachusetts. The school offers a large full-time MBA program, doctoral programs, HBX and many executive education programs. It owns Harvard Business Publishing, which publishes business books,...
What is a 'Handle' A handle is the whole number part of a price quote. In a quote the handle could be $56, while the price quote for stock might be $56.25. The quote's handle eliminates the...
DefinitionMacroeconomics is a branch of economics dealing with the performance, structure, behavior, and decision-making of an economy as a whole. This includes regional, national, and global economies. Macroeconomics What is 'Macroeconomics' Macroeconomics is a branch of the...
What is 'Impose' The act of placing a fee, levy, tax or charge on an asset or transaction to the detriment of the investor. The imposition of fees is a common practice in most investment products and...
What is a 'Sales Charge' A sales charge is a commission paid by an investor on his or her investment in a mutual fund. The sales charge is paid to a financial intermediary (broker, financial planner, investment...
What is 'Quarterly Revenue Growth'
When comparing a company's revenue performance from one quarter to the next, quarterly revenue growth is defined as a rise in sales. The sales number for the current quarter can be compared to the same...
What is a 'Quantity Discount' A quantity discount is an incentive offered to a buyer that results in a decreased cost per unit of goods or materials when purchased in greater numbers. A quantity discount is often...
What is 'Qualified Institutional Placement - QIP'
When the Securities and Exchange Board of India (SEBI) designates a securities offering as "non-prescribed," it permits an Indian-listed firm to raise money from its domestic markets without the requirement to submit any...
What is 'Qualitative Analysis' Qualitative analysis is a securities analysis that uses subjective judgment based on unquantifiable information, such as management expertise, industry cycles, strength of research and development, and labor relations. Qualitative analysis contrasts with quantitative analysis,...