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36 Results for Tag: tools

Key Performance Indicators (KPI)

Key Performance Indicators (KPI) What are 'Key Performance Indicators - KPI' Key performance indicators (KPI) are a set of quantifiable measures that a company uses to gauge its performanc

Killer Application

DefinitionIn marketing terminology, a killer application is any computer program that is so necessary or desirable that it proves the core value of some larger technology, such as computer h

Kanban

DefinitionKanban is a scheduling system for lean manufacturing and just-in-time manufacturing. Taiichi Ohno, an industrial engineer at Toyota, developed kanban to improve manufacturing effic

Healthcare Power Of Attorney (HCPA)

Healthcare Power Of Attorney (HCPA) What is 'Healthcare Power Of Attorney - HCPA' A legal form that allows an individual to empower another with decisions regarding his or her healthcare a

Ideation

Ideation What is 'Ideation' Ideation is the process of forming and relating ideas, oftentimes in a business setting. It is used to describe the sequence of thought, from idea generation to

Macroprudential Analysis

Macroprudential Analysis What is 'Macroprudential Analysis' A method of economic analysis that evaluates the health, soundness and vulnerabilities of a financial system. Macroprudential an

Management Buy-In (MBI)

Management Buy-In (MBI) What is a 'Management Buy-In - MBI' A management buy-in (MBI) is a corporate action in which an outside manager or management team purchases an ownership stake in t

Abacus

Abacus What is 'Abacus' 1. A calculation tool used by sliding counters along rods or grooves, used to perform mathematical functions. In addition to calculating the basic functions of addi

Above Water

Above Water What is 'Above Water' 1. Refers to the condition of a company's asset when its actual value is higher than the book value used in its financials. Explaining 'Above Water' 1.

Backtesting

DefinitionBacktesting is a term used in modeling to refer to testing a predictive model on historical data. Backtesting is a type of retrodiction, and a special type of cross-validation appl
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