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...
On Thursday, Feb. 20, Wall Street Investment Bank, Morgan Stanley (MS - 4.3 %) announced that it was making plans to acquire prominent stock brokerage firm, E-Trade (ETFC) in a $13 billion all-...
Recently, in a YouTube interview with Marques Brownlee, Billionaire and Microsoft founder, Bill Gates revealed that he acquired a new Porsche Taycan Turbo S. This electric vehicle is worth about $18...
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...
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 barbell is a type of portfolio management strategy that mainly focuses on bond portfolios. A typical bond portfolio is made up of a spectrum that has bonds on each side of it. These bonds ...