A master of business administration (MBA) is a graduate degree that provides theoretical and practical training for business or investment management. An MBA is designed to help graduates gain a better understanding of general business management functions. The MBA degree can have a general focus or a specific focus in fields such as accounting, finance, or marketing, including relationship managers.
Month: November 2020
Quiet Period
Prior to a company’s Initial Public Offering (IPO), the quiet period is an SEC-mandated embargo on promotional publicity. This prohibits management teams or their marketing agents from making forecasts or expressing any opinions about the value of their company.
A master of business administration (MBA) is a graduate degree that provides theoretical and practical training for business or investment management. An MBA is designed to help graduates gain a better understanding of general business management functions. The MBA degree can have a general focus or a specific focus in fields such as accounting, finance, or marketing, including relationship managers.
Quiet Period
Prior to a company’s Initial Public Offering (IPO), the quiet period is an SEC-mandated embargo on promotional publicity. This prohibits management teams or their marketing agents from making forecasts or expressing any opinions about the value of their company.
Variable Price Limit
A variable price limit allows a futures contract to move a larger amount in a single day once a fixed limit price has been reached. Futures contracts have fixed limits they can move in a day. Trading stops at these limits, and doesn’t resume that day unless the price moves back inside the limit price. A variable price limit allows a futures exchange to expand the price limit after the limit has been reached.
Syndicated Loan
A syndicated loan, also known as a syndicated bank facility, is financing offered by a group of lenders—referred to as a syndicate—who work together to provide funds for a single borrower. The borrower can be a corporation, a large project, or a sovereign government. The loan can involve a fixed amount of funds, a credit line, or a combination of the two.
The Glass-Steagall Act
The Glass-Steagall Act was passed by the U.S. Congress as part of the Banking Act of 1933. Sponsored by Senator Carter Glass, a former Treasury secretary, and Representative Henry Steagall, chairman of the House Banking and Currency Committee, it prohibited commercial banks from participating in the investment banking business and vice versa. An emergency measure to counter the failure of almost 5,000 banks during the Great Depression. Glass-Steagall lost its potency in subsequent decades and was partially repealed in 1999. In the 21st century, however, another financial crisis has led to talk in political and economic circles of reviving the act.
TSA PreCheck
TSA PreCheck is a U.S. government program that allows travelers deemed low-risk by the Transportation Security Administration (TSA), a U.S. Department of Homeland Security agency, to pass through an expedited security screening at certain U.S. airports. In July 2019 alone, 93% of TSA PreCheck passengers took less than five minutes to pass through the TSA security checkpoint.
Option Agreement
An option agreement is a legally binding contract between two entities outlining each counterparty’s responsibilities to the other.
Position Trader
Position trader refers to an individual who holds an investment for an extended period of time with the expectation that it will appreciate in value. The average time frames for holding positions can be measured in weeks to months. They are less concerned with short-term fluctuations and the news of the day unless it impacts the long term view of their position. Position traders do not trade actively, with most placing less than 10 trades a year.