Variance Inflation Factor (VIF).

The variance inflation factor (VIF) is a measure of the amount of variability in a statistic that can be attributed to inter-correlations among variables in a dataset. In general, the higher the VIF, the greater the amount of variance that can be attributed to inter-correlations among variables, and the less reliable the statistic. VIF is … Read more

Cross Culture Definition.

Cross culture definition refers to the study of different cultures and how they interact with each other. It is also known as intercultural communication. Cross culture definition also encompasses the study of how different cultures influence each other, how they interact, and how they can be managed in order to achieve better communication and understanding. … Read more

SEC Form 18-K.

The SEC Form 18-K is a filing with the Securities and Exchange Commission (SEC) that is required for foreign private issuers that list their securities on a U.S. stock exchange. The form is similar to the SEC Form 10-K, but is specifically designed for foreign issuers. It contains information about the company’s business, financial condition, … Read more

Perfect Title.

A perfect title is a legal term used to describe a property title that is free from any defects, encumbrances, or clouds. In order for a title to be considered perfect, it must be clean and clear of any claims or potential claims. This means that there are no outstanding liens or mortgages against the … Read more

Understanding How a Franchise Works.

A franchise is a type of business model in which businesses, generally known as franchisees, are given the right to operate under the name of a larger parent company, known as the franchisor. Franchises typically offer standardized products or services, and have a proven business model that is replicated by franchisees. Franchises are typically granted … Read more

What Is Forward Pricing?

A forward price is the price of a commodity for delivery at a specified future date. The price is set at the time of the contract, but the delivery and payment occur at a later date. A forward pricing contract is an agreement between two parties to buy or sell a commodity at a specified … Read more

What is the prime rate?

The premium rate, preferential interest rate or prime rate is an interest class used as a reference in multiple commercial operations. It is called the premium rate, interest rate minimum charge a financial institution in a credit operation to its customers. Origin of the Prime Rate The premium rate originates from the United States. After … Read more