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...
IPO or Initial Public Offering refers to the first stock sale made by a private organization to the public. This move is typically used by small companies that require funds in order to expand operations, but it is not...
What is 'A-Note' The highest tranche of an asset backed security or other structured financial product. An A-note is senior to other notes, such as B-notes in bankruptcy or other credit proceedings, and is paid back first...
What is 'Haggle' When two parties involved in the purchase of a good and service negotiate the price until both parties can mutual agree on a price. The process of haggling involves two parties making offers and...
Definition
Kaizen, is the Japanese word for "improvement". In business, kaizen refers to activities that continuously improve all functions and involve all employees from the CEO to the assembly line workers. It also applies to processes, such as purchasing and...
What is 'NASD Rule 2790' A ruling passed by the National Association of Dealers (NASD), a self-regulating organization, prohibiting certain individuals from performing trades in hot-issue Initial Public Offering (IPO) equity. The rule was enacted in March...
What is 'Yale School of Management - Yale SOM' Yale University's graduate business school. The school offers both MBA and Ph.D. level programs and is known for, among other things, its focus on finance and ethics. The...
What is 'E-Meeting' A meeting that takes place over an electronic medium rather than in the traditional face-to-face fashion. The most common form of an e-meeting is done through web-based software which allows individuals and groups from...
What is 'Macro Risk' A type of political risk in which political actions in a host country can adversely affect all foreign operations. Macro risk can come about from events that may or may not be in...
What is 'KBW Bank Index' An economic index consisting of the stocks of 24 banking companies. This index serves as a benchmark of the banking sector. This index trades on the Philadelphia Stock Exchange, where it was...