Idle Funds
What is 'Idle Funds' Money that is not invested and, therefore, earning no interest or investment income. Idle funds are simply funds...
Unbiased Predictor
What is 'Unbiased Predictor' The notion that the current market price of a physical commodity (its cash price or currency) will be...
Real Estate Operating Company (REOC)
What is ‘Real Estate Operating Company – REOC'
A company that invests in real estate and whose shares trade on a public exchange. A real...
Canadian Investor Protection Fund (CIPF)
What is 'Canadian Investor Protection Fund - CIPF' A Canadian not-for-profit organization set up by the investment industry designed to protect investors...
Quick Ratio
DefinitionIn finance, the acid-test or quick ratio or liquidity ratio measures the ability of a company to use its near cash or quick assets...
National Bank Surveillance System
DefinitionThe National Bank Surveillance System is a computerized, off-site monitoring system developed by the U.S. Office of the Comptroller of the Currency "to assist...
Earnings Before Tax (EBT Formula)
What is the formula for calculating EBT?
Question: Which of the following formulas is NOT a formula used to calculate Earnings Before Tax (EBT)?
EBT...
Karl Albrecht
DefinitionKarl Hans Albrecht was a German entrepreneur who founded the discount supermarket chain Aldi with his brother Theo. He was for many years the...
Weighted Average Cost Of Capital – WACC
DefinitionThe weighted average cost of capital is the rate that a company is expected to pay on average to all its security holders to...
Earnings Before Interest After Taxes (EBIAT)
What is 'Earnings Before Interest After Taxes - EBIAT'
Earnings before interest after taxes (EBIAT) is a financial measure that is an indicator of a...