The term “incumbent” is used to describe a company or organization that is currently in a leadership or dominant position in a particular industry or market. An incumbent company is typically the largest or most well-known company in its field, and has been in business for a long time. What does incumbent mean in business? … Read more
A mass-market retailer is a company that designs, sources, markets, and sells products to a wide range of consumers through mass-media channels such as television, radio, and print. The products sold by mass-market retailers are typically low-cost, low-quality items that are produced in large quantities. The term “mass-market retailer” is often used interchangeably with “big-box … Read more
The Big Six Banks is a term used to collectively refer to the six largest banks in Canada: Royal Bank of Canada (RBC), Toronto-Dominion Bank (TD), Bank of Nova Scotia (Scotiabank), Bank of Montreal (BMO), Canadian Imperial Bank of Commerce (CIBC), and National Bank of Canada (NBC). They are often referred to as the Big … Read more
A nomination committee is a body within a company or organization that is responsible for selecting and vetting candidates for leadership positions. The committee may be tasked with filling vacant board seats, choosing officers, or selecting candidates for other leadership roles. The nomination committee typically consists of a small group of people, often chosen by … Read more
A white shoe firm is a term used to describe a traditional, elite law firm. These firms are typically based in New York City and have a long history dating back to the early 20th century. Many of these firms are considered to be the most prestigious in the country and have a reputation for … Read more
Bloomberg Definition is a reference tool that provides detailed information on over 5 million companies worldwide, including company profiles, financials, news, and more. How do I find a company profile? There are a few different ways that you can find a company profile. One way is to search for the company on Google and see … Read more
A dotcom is a company that does business online. The term “dotcom” is short for “dot-com.” A dotcom typically has an e-commerce website through which it sells products or services. Dotcoms can be either brick-and-mortar businesses that have added an online presence, or they can be online-only businesses. The dotcom boom of the late 1990s … Read more
Salomon Brothers was an American investment bank that was founded in 1910 and later acquired by Citigroup in 1998. The bank was known for its work in the field of mergers and acquisitions, and was one of the leading firms in the leveraged buyout industry. Salomon Brothers also played a major role in the development … Read more
MSCI is a leading provider of investment decision support tools to investors globally, including indices, portfolio construction and risk management products, and analytical tools and services. MSCI’s products and services are used by institutional investors in more than 60 countries to analyze global markets, identify investment opportunities and manage risk. MSCI is headquartered in New … Read more
A trading house definition is a company that is involved in the business of buying and selling goods and commodities. These companies usually have a network of contacts and suppliers that they use to source their products. Trading houses usually specialize in a particular type of product or commodity, and they use their knowledge and … Read more
