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same-day funds

Same-Day Funds

What are same-day funds and what do they mean for businesses When a business owner hears the term "same-day funds," they may think it refers...

James M. Buchanan Jr.

DefinitionJames McGill Buchanan Jr. was an American economist known for his work on public choice theory, for which he received the Nobel Memorial Prize...

Underlying Mortality Assumption

What is 'Underlying Mortality Assumption' Projections of expected death rates used by actuaries to estimate insurance premiums and pension obligations. Underlying mortality...

Learning Curve

What is the 'Learning Curve' A learning curve is a concept that graphically depicts the relationship between cost and output over a...

Imperfect Market

DefinitionIn economics, specifically general equilibrium theory, a perfect market is defined by several idealizing conditions, collectively called perfect competition. In theoretical models where conditions...

Earnings Power Value (EPV)

What does 'Earnings Power Value - EPV' mean Earnings power value (EPV) is a technique for valuing stocks by making an assumption...

Objective Probability

What is 'Objective Probability' The probability that an event will occur based an analysis in which each measure is based on a...

NPV – Net Present Value

The difference between the present cash value and the value of cash outflows at present will give you the net present value. Net present...

Zero-Based Budgeting (ZBB)

What is 'Zero-Based Budgeting - ZBB' Zero-based budgeting (ZBB) is a method of budgeting in which all expenses must be justified for...

Macro Manager

What is 'Macro Manager' A boss or supervisor who lets employees do their jobs with minimal supervision. Macro managers are thought of...

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