What is a Rainmaker? A rainmaker as used in business refers to an individual who has the capacity to win a contract as well as bringing on board prospective clients in a magical manner. It is termed as magical because the influence on a business being a new activity is usually not readily available. In other words, a rainmaker is a person who has th...

What is a Workable Indication? A workable indication refers to a nominal quote used in the municipal bond market specifying the price at which a trader is desirous of either buying or selling a specific security. It is different from a firm quote as one can make alterations to the offer in a given period of time, that is generally one hour. A nomina...

What is the Unicameral System? A unicameral system of government is a one-chambered government, with only one legislative house. The unicameral system of government became popular in the 20th century, this was when countries like Peru, New Zealand and Greece practiced the system of government. Many countries run a unicameral system of government, in...

What is a Conversion Price? The conversion price refers to the price at which a convertible security is converted into common stock. The price per share at which each unit of a convertible security is changed is the conversion price. Examples of convertible securities are preferred shares or corporate bonds.  The conversion price of such securities ...

What is Adaptive Market Hypothesis? Adaptive market hypothesis is a model which combines the principles of the effective market hypothesis with those of behavioral finance. This theory was suggested by MIT Professor Andrew Lo in 2004. The behavioral finance was established after an observation was made which concluded that people are not rational as...

What is a Porter Diamond? The Porter Diamond refers to an economic model that aids the understanding of factors that give a group, organization or country a competitive advantage over others. The theory is otherwise called the Porter Diamond Theory of National Advantage, it was developed by Michael Porter in 1990. The Proter Diamond is a model or fr...

What is the Breakfast Index? The Breakfast Index was created by Hard Assets Investor (HAI), it is a price indicator that measures inflation in wholesale food prices. The breakfast index captures the food items mostly consumed as breakfast, these are cocoa, coffee, milk, wheat, butter, sugar, bacon and orange juice. The breakfast index monitors or ga...

What is the Retail Inventory Method? The retail inventory method is an accounting method used in calculating the total inventory or merchandise held by a store. To determine the retail value of the merchandise of a business, the total retail value of the beginning inventory and the value of goods purchased must be known.  The total amount of sales i...

What is an Organizational (Corporate) Strategy? A corporate-level strategy focuses on high-level decisions that affect the market in which the company competes. It may also regard what the company stands for and how it will be perceived by stakeholders and third parties. Common Organizational Strategies Growth-Based Strategies can generally be group...

What is the Aggregate Amount of Offering? The primary distinguishing factor between available exemptions, both statutory and under Regulations A and D, regards the total value of the securities offered for sale. For example, a Rule 504 offering is limited to a total amount of $1 million dollars during any 12-month period. A rule 505 offering, on the...