Marketing
Understanding the concept of marketing Marketing is a process through which companies communicate, promote, exchange and deliver offerings which have value for its target clients, customers, and the society as a whole. In a business environment, Marketing is the tool used by marketers to reach out to consumers, make them knowledgeable of the various specifications, features and benefits of...
Unannualized
What is 'Unannualized' A rate of return on an investment for a period other than one year. An unannualized return may be used to report results for a month, quarter or for several years. When the returns on a particular investment are converted to reflect the rate on an annual basis, it is referred to as the annualized return. Unannualized definition The...
Deal Breaker
DefinitionDeal Breaker is a 1995 thriller novel by Harlan Coben and is the first of the novels which feature Myron Bolitar. Deal Breaker What is 'Deal Breaker' An issue that, if left unresolved, prompts one party to discontinue discussions. A deal breaker may involve the presence of a particular requirement in a contract, or the lack of...
Realized Yield
What is a 'Realized Yield' Realized yield is the actual return earned during the holding period for an investment, and may include dividends, interest payments and other cash distributions. The term may be applied to a bond sold prior to its maturity date or a dividend-paying security. Generally speaking, the realized yield on bonds includes the coupon payments received during...
Quant Fund
What is 'Quant Fund' An investment fund that selects securities based on quantitative analysis. In a quant fund, the managers build computer-based models to determine whether an investment is attractive. In a pure "quant shop" the final decision to buy or sell is made by the model; however, there is a middle ground where the fund manager...
Par
What is 'Par' Short for "par value," par can refer to bonds, preferred stock, common stock or currencies, with different meanings depending on the context. Par most commonly refers to bonds, in which case it means the face value, or value at which the bond will be redeemed at maturity. This is usually $1,000 for corporate issues...
Year
DefinitionA year is the orbital period of the Earth moving in its orbit around the Sun. Due to the Earth's axial tilt, the course of a year sees the passing of the seasons, marked by change in weather, the hours of daylight, and, consequently, vegetation and soil fertility. The current year is. Year What is 'Year' A...
Variable Cost Ratio
What is the 'Variable Cost Ratio' The variable cost ratio is an expression of a company's variable production costs as a percentage of sales, calculated as variable costs divided by total revenues. It compares costs that change with levels of production to the amount of revenues generated by production. This contrasts with fixed costs that remain constant...
Lead Underwriter
What is 'Lead Underwriter' A investment bank or other financial outfit that has the primary directive for organizing an initial public stock offering, or a secondary offering for companies that are already publicly traded. The lead underwriter will usually work with other investment banks to establish a syndicate, and thereby create the initial sales force for the...
Lawful Money
What is 'Lawful Money' Gold coins, silver coins, Treasury notes, and Treasury bonds are all examples of currency that is not issued by the Federal Reserve System but rather by the Treasury Department of the United States. Lawful money differs from fiat money, which is money that has been assigned value by the government despite the fact that it has...