What are Management Courses? Management concerns the introduction of theories related to maintaining, supporting, in administering resources. Specific areas of management practice might include: information systems, human resources, leadership, international business, etc. Common Management Courses The two primary management courses that every stude...

What is the Global Program Against Money Laundering (GPML)?  The GPML is a UN programs to fight money laundering, proceeds of crime, and the financing of terrorism. These programs are global and part of the United Nations Office on Drugs and Crime (UNODC). This office assists member states in complying with the UN conventions and other instruments d...

What is the International Labour Organization? The  International Labour Organization is an agency established by the United Nations. The objective of this bureau is to promote social justice and bring reforms and improvements to the global labor market.  A primary role of the ILO is serving as mediator between  governments, commercial organizations...

What is Lambda? One of the "Greeks" being lambda refers to the ratio of an option's change in dollar price to a 1% change in the anticipated price volatility (implied volatility), of an underlying asset. Lambda informs investors of how much the price of an option would change for a specific change in the implied volatility, even if the underlying's ...

What is the Report on the Observance of Standards and Codes? The Report on the Observance of Standards and Codes is a report compiled by the World Bank and International Monetary Fund summarizing countries adherence to the internationally recognized standards and codes in 12 policy areas. The Standards and Codes are considered to be the indicator of...

What is Organized Labor? Organized labor refers to an association of workers coming together as a legal and recognized entity in a particular industry or sector. Organized labor is otherwise referred to as a Union or a Trade union. Organized labors are formed as associations representing the common interest of workers in a particular industry, this ...

What is Absolute Return? An absolute return refers to appreciation or depreciation that an asset accrues over a given period of time. It is the evaluation of the performance of an asset in relation to how much gain or loss it has made and incurred over a period of time. An absolute rate is expressed as a percentage of the capital invested in the ass...

What are Dividend Rights? Dividend rights are a common attribute of preferred stock and are detailed in the bylaws. Early-stage investors are rarely concerned with dividends; nonetheless, the parties will address dividend rights as a method of controlling the decision to issue a dividend. Dividend rights may be structured in a number of manners, whi...

What is an Accumulation Unit? An accumulation unit can be defined as a type of investment trust designed to increase the value of a fund over a period of time. The fund experiences growth in the sense that the income generated from the fund are reinvested over an accumulation period. An accumulation unit is not designed to offer an investor a steady...

What is Repatriation?  In the broad sense, repatriation refers to when individuals who are foreign nationals are voluntarily or forcefully returned to their place of origin, Refugees, deportees, and aliens of other countries are returned to their country through repatriation. Repatriation is the act of returning an item to its country of allegiance ...