February 22, 2020
Basel I
What is the definition of a Basel 1DefinitionBasel I (also known as the 1988 Basel Accord) is a set of international banking rules created by the Switzerland-based Basel Committee on Bank Supervision ...
What is the definition of a Basel 1DefinitionBasel I (also known as the 1988 Basel Accord) is a set of international banking rules created by the Switzerland-based Basel Committee on Bank Supervision ...
DefinitionThe Basel Accords are formed by the three-part banking regulations, namely Basel I, Basel II, and Basel III, set up by the Basel Committee on Bank Supervision (BCBS). They function as a glob...
DefinitionA base year can be simply defined as the starting point of an economic index number series. It is referred to as the selected year where the calculation of index number series begins. The st...
DefinitionBase pay is a basic salary paid to an employee with the exclusion of bonuses, raises, or any other compensations. It is the agreed pay/ standard rate an employee receives at the end of every...
DefinitionA base effect has to do with the inflation (rise in price levels) of a previous corresponding with a current year’s inflation (rise in price levels). By all implications, the low inflation...
DefinitionThe term ‘barter’ originates from the word ‘baretor’—a system of exchange where all parties involved directly exchange goods and services among themselves without involving any oth...
DefinitionBarriers to entry have to do with the difficulties and challenges new companies face when trying to enter certain markets. The challenges could be regulatory challenges, startup costs, licen...
DefinitionA barrier option is a type of options contract that slightly differ to regular contracts because of its “barrier” feature. This barrier is a fixed price that determines the activation or...
What is the definition of a Barrels of Oil Equivalent (BOE)?DefinitionBarrels of oil equivalent is a measure of the amount of energy contained in a barrel of oil. BOE is primarily a measure of en...
DefinitionA bare trust (also known as naked trust or simple trust) is a type of trust which makes provision for a beneficiary to fully access the capital and assets in a trust, and the income generate...