Active Management Definition.

Active portfolio management is a strategy whereby an investor seeks to outperform a benchmark index by making active decisions about which securities to buy and sell. An active manager will typically have a large team of analysts and researchers who constantly monitor the market and make recommendations about which securities to buy and sell. The … Read more

Profit before Tax (PBT).

Profit before tax (PBT) is a financial measure that shows a company’s profits before taxes are deducted. This measure is often used to assess a company’s profitability and financial health. PBT is calculated by subtracting a company’s total expenses from its total revenues. Is net profit EBIT? No, net profit is not EBIT. EBIT is … Read more

Assignment of Accounts Receivable.

Assignment of accounts receivable is the transfer of the right to receive payment from a customer in exchange for goods or services to a third party, typically a financial institution, in exchange for immediate cash. The assignee becomes the creditor and has the right to collect payment from the customer. The customer is typically unaware … Read more

Last Fiscal Year (LFY) Definition.

The term “Last Fiscal Year (LFY)” definition refers to the period of time between a company’s last two fiscal years. This period is typically used to compare a company’s financial performance over time. What is LYF stand for? LYF is a brand of mobile phones by Jio, a subsidiary of Reliance Industries. The name is … Read more

What Does “Market Approach” Mean?

The market approach is a method of determining the value of an asset by looking at the prices of similar assets in the marketplace. This approach is often used by investors to value stocks, bonds, and other securities. The market approach is based on the idea that the market price of an asset reflects all … Read more

Post Date.

The post date of a credit card is the date on which the card issuer posts the transaction to the cardholder’s account. This is usually the date on which the cardholder made the purchase, but it may be later if the card issuer does not receive payment for the purchase until after the purchase date. … Read more

The Permanent Income Hypothesis is a theory in economics that posits that individuals base their consumption decisions on their expectations of their long-term income.

This theory has important implications for economic policymaking.. Permanent Income Hypothesis: What It Is, How It Works, and Its Impact What is the permanent income hypothesis quizlet? The permanent income hypothesis is an economic theory that suggests that people’s income tends to remain relatively stable over time, despite changes in employment or other factors. The … Read more

The Ins and Outs of Service Charges.

Service charges are fees that a company charges for providing a service. They are typically used to cover the costs of the service, such as labor, materials, and overhead. Service charges can also be used to generate revenue for the company. Service charges are often added to the bill for a service, such as a … Read more