Capital expenditure, also known as capital expense (CAPEX) is defined as the expenses used by companies in acquiring assets for a long term, or making renovations or upgrades which will not be exhausted in a short while. For example,...
IESE Business School is one of the most prestigious and well-renowned business schools in the world. It has been ranked as the number one business school in Europe for five consecutive years by The Economist. In addition, IESE also...
Baby Boomer Age Wave Theory What is 'Baby Boomer Age Wave Theory ' An economic theory popularized by economist and writer Harry Dent, who concludes that the U.S. and other European markets will peak between 2008...
What are TARP bonuses and how do they work
TARP bonuses are payments made to executives of companies that have received financial assistance from the Troubled Asset Relief Program (TARP). These bonuses are intended to incentivize these executives to successfully...
What is 'Fabless Company' The Global Semiconductor Alliance defines fabless as follows: Explaining 'Fabless Company' The fabless model is an attractive and popular option for many semiconductor companies. By adopting a fabless business strategy, a...
What is 'Y-Share' A class of mutual fund shares that often has a high minimum investment, such as $500,000 per lot, and the added benefit of waived or limited load charges and fees. Due to the high...
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...
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...
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...
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...