Category: Economics

Proforma Invoice Example

See Also: Proforma Invoice Proforma Invoice Example For example, Juan distributes products to and from Mexico. Juan’s business meets all legal specifications that would allow him to import his products into the United States. His company, a fleet of 18 wheel trucks, crosses the border several times each day. In an effort to make the

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Proforma Invoice

See Also: Proforma Earnings Proforma Financial Statements Credit Letter Balance of Payments Proforma Invoice Example Product Cost Proforma Invoice Definition Proforma invoice, defined as an invoice which is sent to a customer before they receive product, has more than one use. For customers it serves two main purposes. First, a proforma invoice allows customers to

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Product Life Cycle

Product Life Cycle Definition A product life cycle, defined is the period from when a product goes through its initial specifications and research to the withdrawal of that product from the market. There are five product life cycle stages. Product Life Cycle Meaning The product cycle stages are as follows: Research and Development This is

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Over the Counter Bulletin Board (OTCBB)

Over the Counter Bulletin Board (OTCBB) Definition The Over the Counter Bulletin Board or OTCBB is an electronic quotation system used for smaller stocks that do not meet the credentials to be listed on the NASDAQ or National Securities Exchange. Over the Counter Bulletin Board (OTCBB) Explained The OTCBB is a market for smaller companies

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Opportunity Cost Definition

See Also: The Future of the Accounting Workforce Future Value Cost Driver Certified Public Accountant (CPA) Auditor Opportunity Cost Definition Revenue that has been forfeited for an alternative use of time or facilities. Often times these types of decisions are made because a company or person forgoes an immediate cash stream for hopefully a larger

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National Stock Exchange of India (NSE)

See Also: Common Stock Definition Over the Counter Bulletin Board (OTCBB) Currency Exchange Rates Non-Investment Grade Bonds (Unsecured Debentures) Australian Securities Exchange (ASX) National Stock Exchange of India (NSE) Definition The National Stock Exchange of India or NSE for short is the largest stock exchange market in India. It is the third largest in the

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Mixed Economy

See Also: Economic Order Quantity (EOQ) Economic Production Run (EPR) Accounting Income vs. Economic Income Feasibility Study Economic Value Added Mixed Economy Definition The mixed economy definition is an economy where both the private market and the government control the factors of production. It is the most common form of economy that exists in the

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New York Stock Exchange (NYSE)

See Also: National Stock Exchange of India (NSE) Proprietary Trading Coupon Rate Bond Currency Exchange Rates New York Stock Exchange (NYSE) Definition Located in New York City, the New York Stock Exchange is the world’s largest exchange according to its market capitalization around $12.5 million. It is an exchange for financial items like stocks, bonds,

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London Stock Exchange (LSE)

London Stock Exchange (LSE) Definition The London Stock Exchange or LSE is one of the largest exchange markets in the world in terms of trading volume and market capitalization. It also contains around 3,000 company listings. Furthermore, the first exchange established is the LSE(1801). London Stock Exchange (LSE) Explained The LSE History begins in 1801

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Libor versus Prime Rate

See Also: LIBOR Prime Lending Rate Interest Expense Interest Rate Swaps Federal Funds Rate Libor versus Prime Rate The London Interbank Offered Rate (Libor) and the US Prime Rate are both benchmark interest rates. Both rates are used as reference rates for various lending and borrowing transactions. (For current and historical rates, see the links

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Interest Rate Swaps

See Also: What is Compound Interest Effective Rate of Interest Calculation Interest Expense Nominal Interest Rate Interest Rate Swaps An interest rate swap is a contract in which two parties exchange streams of interest payments. The parties do not exchange the underlying principal amounts, only the streams of interest payments. Interest Rate Swap Characteristics Interest

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Gross Domestic Product (GDP)

Gross Domestic Product (GDP) Definition The gross domestic product is the value of goods and services produced in a national economy usually over a year, but can be any period of time. Gross Domestic Product (GDP) Explained The GDP, defined is the primary indicator of a country’s economy over time. Gross domestic product history can

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