Loan Constant
What is a loan constant
A loan constant, also known as a mortgage constant, is the percentage of your loan's monthly payment that is devoted...
Bullet bond
What is a bullet bond
A bullet bond is a type of corporate bond that is typically issued by companies with below-investment-grade credit ratings. As...
Uniform Securities Act
What is the Uniform Securities Act and what does it do
The Uniform Securities Act is a set of laws that governs the offer and...
The Risks of Investing in Hot Money
What is hot money?
Basically, hot money is the flow of funds from one country to another. It is supposed to generate a profit on...
Asset Valuation
What is asset valuation and why is it important
Asset valuation is the process of determining the worth of an asset. The value may be...
Revealed Preference : Theory and Examples
Many people have a poor understanding of their motivations and values. They will say that charm pricing is stupid, and may round up prices...
Liquidity Event
What is a liquidity event and why do companies undergo them
A liquidity event is a situation in which a company's assets are converted into...
Operating Expense Ratio
How to Calculate an Operating Expense Ratio
You should ask the seller to provide a prior year's operating statement and calculate the Operating Expense ratio....
Closed Economy
What is a closed economy
A closed economy is an economic system in which trade between countries is restricted by tariffs, quotas, or other forms...
Liquidity Premium
What is the liquidity premium and why do investors demand it
The liquidity premium is the return that investors expect for holding a liquid asset...