What is the Core Inflation Index? Imagine if you were driving a company truck across the country- you probably would care about things like the prices of available roadside food and motel rooms as well as the truck’s operating condition. However, the manager of the firm might have different priorities. He would care mostly about the truck’s on-time ...

What is a Charitable Lead Trust? A charitable trust is a form of irrevocable trust which is developed to mitigate or cause a decline in the taxes to be paid by the beneficiary of an inheritance in the advent of a transfer of property. How Does a Charitable Lead Trust Work? In a charitable lead trust, the taxpayer tries to mitigate taxes by donating ...

What is the Consumer Credit Protection Act Of 1968? The Consumer Credit Protection Act is a federal law that was enacted in 1968 that defines consumer rights and offers protection for consumers against lenders. The federal legislation specifies certain requirements that financial institutions and consumer lenders must follow during disclosure. When ...

What is the Footsie? Footsie is a nickname ascribed to the Financial Times-Stock Exchange 100 Share Index (FTSE 100 Index or FTSE 100). The Financial Times-Stock Exchange 100 Share Index is an autonomous organization owned and controlled by the London Stock Exchange Group (LSEG). FTSE creates an index made up of 100 companies listed on the London St...

What is Foreign Direct Investment? We often divide financial investments that cross international boundaries, and require exchanging currency into two categories. Foreign direct investment (FDI) refers to purchasing a firm (at least ten percent) in another country or starting up a new enterprise in a foreign country For example, in 2008 the Belgian ...

What is a Group versus a Team? A group is two or more individuals who interact collectively such that their actions impact the others. Organizations generally consist of many groups with specific, collective functions.  A group's performance is a combination of the individual efforts of each member, minute the process losses.  Process loss is any as...

What is Kurtosis? This is a statistical procedure used in reporting the distribution. Unlike skewness which differentiates extreme values between one tail and another, kurtosis computes the absolute values in each tail. Large kurtosis is present in the distributions that possess tail data surpassing the tails of the normal distribution. Conversely, ...

What is an Employee? An employee is a stakeholder and representative agent of a firm. She may also be an owner of the firm, but her role as an employee is generally separate from that of owner. For purposes of employment law, it is important to distinguish an employee from an independent contractor. Most of the employment laws apply to the relations...

Guidelines for my Resume Length: Limit your resume to 1 Page Explanation: If a hiring manager is holding it, she needs to be able to read everything quickly while holding it in one hand without flipping pages. You can certainly keep a Curriculum Vitae (CV) which can span for multiple pages. You will work from the CV when creating specific resumes fo...

What is a Sinking Fund? A sum of money set aside periodically to create a fund that covers debt repayment for money borrowed on bonds, is called the Sinking Fund. It reduces the difficulties in managing payments for large outlays once the bonds have matured. How Does a Sinking Fund Work? Investors use Sinking Funds as a safeguard against corporate b...