Backorder Costs
What is 'Backorder Costs' A cost incurred by a business when it is unable to fill an order and must complete it later. A backorder cost can be discrete, as in the cost to replace a specific piece of inventory, or intangible, such as the effects of poor customer service. Backorder costs are usually computed and displayed...
Call Deposit Account
What is a 'Call Deposit Account' A call deposit account is a bank account for investment funds that offers the advantages of both a savings and a checking account. Like a checking account, a call deposit account has no fixed deposit period, provides instant access to funds and allows unlimited withdrawals and deposits. The call deposit also provides the benefits...
National Association Of Certified Valuation Analysts (NACVA)
What is 'National Association Of Certified Valuation Analysts - NACVA' A group of business professionals that provide valuation and litigation services for various types of business transactions. National Association of Certified Valuation Analysts (NAVCA) members receive training, education and certification in asset valuation disciplines that they put to use in their respective professions. The organization also enforces...
Heavy
What is 'Heavy' A market that is demonstrating difficulty in advancing and is displaying a tendency to decline. A heavy market may be a manifestation of investor uncertainty about near-term direction, and a sign that the market is topping out. It may also be characterized by a shortage of buyers (many of whom may prefer to stay...
Taiwan Stock Exhange Corporation (TSEC) Weighted Index
What is 'Taiwan Stock Exhange Corporation (TSEC) Weighted Index' A stock market index comprised of companies traded on the Taiwan Stock Exchange (TWSE). The TSEC weighted index is made up of all the stocks in the Taiwan Stock Exchange and each is given a weight based on its market capitalization. Preferred shares, "full delivery" shares, and shares...
Okun Gap
DefinitionIn economics, Okun's law is an empirically observed relationship between unemployment and losses in a country's production. The "gap version" states that for every 1% increase in the unemployment rate, a country's GDP will be roughly an additional 2% lower than its potential GDP. The "difference version" describes the relationship between quarterly changes in unemployment and quarterly changes in...
National Registration Database (NRD)
What is 'National Registration Database - NRD' A Canadian database, launched in 2003 to replace the old paper form system, that allows security dealers and investment advisors to file registration forms electronically. Explaining 'National Registration Database - NRD' The NRD is simply a system used to increase the efficiency of the filing and sharing...
EBITDA – Earnings Before Interest, Taxes, Depreciation and Amortization
In the increasingly complex economy of the modern day, a measure of growth and production has become necessary for all aspects of market activities. This most famously comes in the form of a "Gross Domestic Product" measurement on the national level, as a yearly evaluation of a country's performance. But this evaluation is also important in the world of...
Cash Flow
Cash flow refers to the total or net amount of cash and its equivalents that move in and out of an organization. If a cash flow is deemed positive that means the liquid assets of the company it belongs to are increasing allowing said company to take care of debts, reinvest in the business, pay expenses and store enough...
Back Of The Napkin Business Model
What is 'Back Of The Napkin Business Model' A slang term that refers to the representation of the basic components of a business model excluding any fine details. It incorporates only the core ideas and success factors of the business. The name comes from the notion that a quick outline of a business can be easily sketched...