Basic Attention Token (BAT) is a digital token based on the Ethereum blockchain. The token is designed to be used as a unit of account for advertising and attention-based services on the web. The project was founded by Brendan Eich, the creator of the JavaScript programming language and the co-founder of the Mozilla Corporation. The … Read more
The Charging Bull, also known as the Wall Street Bull, is a sculpture by American artist Arturo Di Modica that stands in Bowling Green Park in the Financial District of New York City. The 7,100-pound (3,200 kg) bronze sculpture depicts a raging bull, with its head lowered and horns ready to attack. The sculpture is … Read more
What is an audit? An audit is an examination of an organization’s financial statements and accompanying disclosures. The purpose of an audit is to provide assurance that the financial statements are free of material misstatement and are a fair representation of the organization’s financial position. There are three main types of audits: financial, operational, and … Read more
The HML ratio is a measure of market risk. It is calculated by subtracting the return on a portfolio of high-risk stocks from the return on a portfolio of low-risk stocks. The resulting number is then divided by the market risk premium. The HML ratio can be used to determine whether a stock is overvalued … Read more
Return on revenue (ROR) is a company’s total earnings divided by its revenue. It is a measure of how efficiently a company generates profit from its sales. A higher ROR indicates a more profitable company. To calculate ROR, divide a company’s net income by its revenue. net income / revenue = ROR For example, if … Read more
Gain definition refers to the increase in the value of an investment over time. For example, if you purchase a stock for $10 per share and it increases in value to $12 per share, you have made a $2 per share gain. What is stock gain called? “Stock gain” refers to the increase in value … Read more
A diffusion index is a technical indicator that measures the momentum of a stock or index. The index is based on the premise that the direction of the stock or index is more important than the actual price. The index is calculated by taking the difference between the current price and the price n periods … Read more
What Is a Decision Support System (DSS)? A decision support system (DSS) is a computerized information system used to support decision-making in organizations. DSSs are designed to help decision makers use data and information to solve problems and make better decisions. DSSs are used in a variety of businesses and organizations, including healthcare, government, and … Read more
A cramdown is a type of bankruptcy reorganization in which a judge confirms a reorganization plan over the objections of some creditors. In a cramdown, the judge may “cram down” the plan by approving it over the objections of creditors who do not support the plan. Cramdowns are relatively rare, and they are most likely … Read more
A floor broker is a member of a stock or commodities exchange who executes orders from other brokers on the floor of the exchange. Floor brokers are required to be registered with the exchange. Floor brokers typically work for a particular firm and are responsible for that firm’s trading activity on the floor. They may … Read more
