XPayIndustry WIKIBack to home
XPAY KNOWLEDGE

Industry WIKI

Digital assets and currencies

Understand assets, networks and trading mechanics with sources you can check.

Trading basics

Education Management Corporation

Education Management Corporation (EDMC) was a Pittsburgh, Pennsylvania-based operator of for-profit post-secondary educational institutions in the United States and Canada. The company was founded in 1962. At its peak in 2011, Education Management Corporation operated 110 schools through its higher education divisions: Argosy University, The Art Institutes, Brown Mackie College, and Sou

Fiat currencies

Electricity as the Dominant Force in the World

Electricity as the Dominant Force in the World is an 1896 United States five-dollar silver certificate. It is of the US large-size variety measuring 7.375 in (187.3 mm) by 3.125 in (79.4 mm). The note is one of three notes that are part of the "Educational Series". As a result of the nudity portrayed on the obverse and other controversies, the note was replaced in 1899.

Fiat currencies

Employer of last resort

Employers of last resort (ELR) are employers in an economy to whom workers go for jobs when no other jobs are available; the term is by analogy with "lender of last resort". The phrase is used in two senses:

Trading basics

Entrepreneurs Roundtable Accelerator

Entrepreneurs Roundtable Accelerator (aka ER Accelerator, or ERA) is an American seed accelerator launched in January 2011.

Trading basics

Equity stripping

Equity stripping, also known as equity skimming, is a type of foreclosure rescue scheme. Often considered a form of predatory lending, equity stripping became increasingly widespread in the early 2000s. In an equity stripping scheme an investor buys the property from a homeowner facing foreclosure and agrees to lease the home to the homeowner who may remain in the home as a tenant. Often

Trading basics

ERPNext

ERPNext is a free and open-source integrated enterprise resource planning (ERP) software developed by an Indian software company Frappe Technologies Pvt. Ltd. It is built on the MariaDB database system using Frappe, a Python based server-side framework.

Trading basics

ETKA

ETKA is the official electronic parts catalogue for Volkswagen Group motor vehicles. Launched in 1989, ETKA superseded the older parts books and microfilm-based catalogues. ETKA is an abbreviation from the German: Elektronischer Teilekatalog. It is produced for Volkswagen AG by the Munich-based specialist automotive industry information systems software publisher LexCom Informationssys

Trading basics

Euronext Lisbon

Euronext Lisbon is a stock exchange in Lisbon, Portugal. It is part of Euronext pan-European exchange. The most famous index is PSI-20.

Finance

European Insurance and Occupational Pensions Authority

The European Insurance and Occupational Pensions Authority (EIOPA) is a European Union financial regulatory agency. It was established in 2011 under Regulation (EU) No 1094/2010.

Finance

European Parliament Committee on Economic and Monetary Affairs

The Committee on Economic and Monetary Affairs (ECON) is a standing committee of the European Parliament. It is responsible for economic and monetary policy, the functioning of Economic and Monetary Union, financial services and markets, the free movement of capital and payments, taxation, competition policy and the international monetary and financial system.

Finance

European System of Financial Supervision

The European System of Financial Supervision (ESFS) is the framework for financial supervision in the European Union that has been in operation since 2011. The system consists of the European Supervisory Authorities (ESAs), the European Systemic Risk Board, the Joint Committee of the European Supervisory Authorities, and the national supervisory authorities of EU member states. It was pr

Finance

European Systemic Risk Board

The European Systemic Risk Board (ESRB) is a group established on 16 December 2010 in response to the euro area crisis. It is tasked with the macro-prudential oversight of the financial system within the European Union in order to contribute to the prevention or mitigation of systemic risks to financial stability in the EU. It shall contribute to the smooth functioning of the internal ma

Securities & exchanges

Ewan Kirk

Ewan Mckinnon Kirk (born February 1961) is a British technology entrepreneur, founder of Cantab Capital Partners, chair of the Isaac Newton Institute for Mathematical Sciences and Non-Executive Director of BAE Systems. He is also Co-Chair of the Turner Kirk Trust which supports STEM, education and conservation causes in the UK and the developing world.

Trading basics

Exhibition

An exhibition, in the most general sense, is an organized presentation and display of a selection of items. In practice, exhibitions usually occur within a cultural or educational setting such as a museum, art gallery, park, library, exhibition hall, or World's fairs. Exhibitions can include many things such as art in both major museums and smaller galleries, interpretive exhibitions, n

Trading basics

Faroese króna

The króna (plural: krónur; sign: kr) is the currency of the Faroe Islands. It is issued by Danmarks Nationalbank, the central bank of Denmark. It is not a separate currency, but is rather a local issue of banknotes denominated in the Danish krone, although Danish-issued coins are still used. Consequently, it does not have an ISO 4217 currency code and instead shares that of the Danish kr

Trading basics

FDi Intelligence

fDi Intelligence is an English-language bi-monthly news and foreign direct investment (FDI) publication, providing an up-to-date review of global investment activity. The A4 glossy pages reach a circulation of 15,488 ABC audited, active corporate and crossborder investment professionals across the world.

Finance

Federal Department of Finance

The Federal Department of Finance (FDF, German: Eidgenössisches Finanzdepartement, French: Département fédéral des finances, Italian: Dipartimento federale delle finanze, Romansh: ) is one of the seven departments of the Swiss federal government. The department is headquartered in Bern and headed by a member of the Swiss Federal Council, Switzerland's finance minister. Initially, in 1848

Trading basics

Federal Ministry of Budget and Economic Planning (Nigeria)

The Federal Ministry of Budget and Economic Planning is one of the Federal Ministries of Nigeria.

Finance

Federal Ministry of Finance (Germany)

The Federal Ministry of Finance (German: Bundesministerium der Finanzen, pronounced [ˈbʊndəsminɪsˌteːʁiʊm deːɐ̯ fiˈnantsn̩]; abbreviated BMF) is the cabinet-level finance ministry of Germany, with its seat at the Detlev-Rohwedder-Haus in Berlin and a secondary office in Bonn.

Finance

FHA insured loan

An FHA insured loan is a government-backed loan designed to help a broader range of Americans—particularly first-time homebuyers—achieve homeownership with more flexible credit, income, and down payment requirements than conventional loans. Offered through FHA-approved lenders and insured by the Federal Housing Administration, these loans are widely used today as a practical and accessib

Finance

Finance Committee (Israel)

The Finance Committee (Hebrew: ועדת הכספים) is a permanent Knesset committee which oversees finance issues of the State of Israel, including the drafting of legislation, supervision over related government ministries and the approval of their budgets. It is regarded as one of two most important Knesset committees (the other being the Foreign Affairs and Defense Committee). Article 100(2)

Trading basics

Financial adviser

A financial adviser or financial advisor is a professional who provides financial services to clients based on their financial situation. In many countries, financial advisors must complete specific training and be registered with a regulatory body in order to provide advice.

Finance

Financial analyst

A financial analyst is a professional undertaking financial analysis for external or internal clients as a core feature of the job. The role may specifically be titled securities analyst, research analyst, equity analyst, investment analyst, or ratings analyst. The job title is a broad one:

Finance

Financial gerontology

Financial gerontology is a multidisciplinary field of study encompassing both academic and professional education, that integrates research on aging and human development with the concerns of finance and business. Following from its roots in social gerontology, Financial gerontology is not simply the study of old people but emphasizes the multiple processes of aging. In particular, resea

Finance

Financial literacy

Financial literacy is the possession of skills, knowledge, behavior, and attitude that allow an individual to make informed decisions regarding money. Financial literacy, financial education, and financial knowledge are used interchangeably. Financially unsophisticated individuals cannot plan for their future because of their poor financial knowledge. Financially sophisticated individual

Finance

Financial Literacy and Education Commission

The Financial Literacy and Education Commission (the Commission) was established under Title V, the Financial Literacy and Education Improvement Act which was part of the Fair and Accurate Credit Transactions Act (FACT) Act of 2003, to improve financial literacy and education of persons in the United States. The FACT Act named the Secretary of the Treasury as head of the Commission and r

Fiat currencies

Financial services in Japan

The industry which has a range of businesses that deal with money like banks, insurance companies, accounting companies, finance companies, taxation, investment funds, credit companies, and few government enterprises is called the finance industry. The activities or services within this industry that cater to the economy of the country are called financial services. Therefore, the econom

Finance

Financial Supervisory Commission (Taiwan)

The Financial Supervisory Commission (FSC; Chinese: 金融監督管理委員會; pinyin: Jīnróng Jiāndū Guǎnlǐ Wěiyuánhuì; Pe̍h-ōe-jī: Kim-iông Kàm-tok Kóan-lí Úi-oân-hōe, abbreviated to 金管會) is an independent government agency subordinate to the Executive Yuan of the Republic of China (Taiwan). It is responsible for regulating securities markets (including the Taiwan Stock Exchange and the Taiwan Futures

Trading basics

Flipping

In finance, flipping is purchasing an asset to quickly resell (or "flip") it for profit. Within the real estate industry, the term is used by investors to describe the process of buying, rehabilitating, and selling properties for profit. In 2017, 207,088 houses or condos were flipped in the US, an 11-year high. That number represents 5.9 percent of all single-family properties sold durin

Trading basics

Florists' Transworld Delivery

FTD LLC also known as Florists' Transworld Delivery, is a floral wire service, retailer, and wholesaler based in Downers Grove, Illinois, in the United States.

Trading basics

Focus group

A focus group is a group interview involving a small number (sometimes up to twelve) of demographically predefined participants. Their reactions to specific researcher/evaluator-posed questions are studied. Focus groups are used in market research to better understand people's reactions to products or services or participants' perceptions of shared experiences. The discussions can be gui

Finance

Foreclosure rescue

Foreclosure rescue in the United States is where a mortgage that is in arrears and where the lender is at the stage of foreclosing on the loan agrees to stop the foreclosure in exchange for funds received through loan modification or from a government grant. It may also refer to funds that allow the homeowner to repurchase the property at or after foreclosure.

Trading basics

Foreclosure stripping

Foreclosure stripping is the process in which the owners of a foreclosed property will remove fixtures and fittings from the property in an attempt to salvage some of their investment. Malicious foreclosure stripping is done by home owners who render damage throughout the property to significantly decrease its value and cause the foreclosing bank to accept a lower price when it is resold

Trading basics

Foreign direct investment in Romania

Foreign direct investment (FDI) in Romania has increased dramatically. As of 2022, Romania's foreign direct investment (FDI) stock reached nearly €108 billion, marking its highest value to date. Cheap and skilled labor force, low taxes, a 16% flat tax for corporations and individuals, no dividend taxes, liberal labor code and a favorable geographical location are Romania's main advantage

Trading basics

Foreign-exchange reserves of India

The foreign reserves of India are holdings of cash, bank deposits, bonds, and other financial assets denominated in currencies other than India's national currency, the Indian rupee. The foreign-exchange reserves are managed by the Reserve Bank of India (RBI) for the Indian government, and the main component is foreign currency assets.

Fiat currencies

Formosa bond

A Formosa bond (Chinese: 福爾摩莎債券; Pe̍h-ōe-jī: Hok-ní-mô͘-sá Chè-kǹg) is a bond issued in Taiwan but denominated in a currency other than the New Taiwan Dollar. They are issued by the Taiwan branches of publicly traded overseas financial institutions and to be traded must have a credit rating of BBB or higher.

Trading basics

Four Freedoms (Rockwell)

The Four Freedoms is a series of four oil paintings made in 1943 by the American artist Norman Rockwell. The paintings—Freedom of Speech, Freedom of Worship, Freedom from Want, and Freedom from Fear—are each approximately 45.75 by 35.5 inches (116.2 by 90.2 cm), and are now in the Norman Rockwell Museum in Stockbridge, Massachusetts. The four freedoms refer to President Franklin D. Roose

Finance

Frazier–Lemke Farm Bankruptcy Act

The Frazier–Lemke Farm Bankruptcy Act was an Act of Congress passed in the United States in 1934 that restricted the ability of banks to repossess farms.

Assets

Frinkcoin

"Frinkcoin" is the 13th episode of the thirty-first season of the American animated television series The Simpsons, and the 675th episode overall. It aired in the United States on Fox on February 23, 2020. The episode was written by Rob LaZebnik and was directed by Steven Dean Moore.

Trading basics

Fuld-Gilad-Herring Academy of Competitive Intelligence

The Fuld-Gilad-Herring Academy of Competitive Intelligence is an educational organization bringing professional training to the field of competitive intelligence (CI). Established in 1996, the academy has expanded its training to thousands of managers from 58 countries and six continents at its campuses in Cambridge, MA and Brussels, Belgium. The academy is the only CI-dedicated institut

Finance

Fundraising

Fundraising or fund-raising is the process of seeking and gathering voluntary financial contributions by engaging individuals, businesses, charitable foundations, or governmental agencies. Although fundraising typically refers to efforts to gather money for nonprofit organizations, it is sometimes used to refer to the identification and solicitation of investors or other sources of capit

Fiat currencies

Funnyback

A Funnyback is a type of one-dollar silver certificate produced in 1928 and 1934 in the United States. People referred to the note as a "Funnyback" based on the significantly lighter green ink and unusual font printed on the reverse.

Securities & exchanges

Galen L. Stone

Galen Luther Stone (November 21, 1862 – December 26, 1926) was an American financier and philanthropist.

Finance

Galloping inflation

Galloping inflation (also jumping inflation) is one that develops at a rapid pace (dual or triple-digit annual rates), perhaps only for a brief period. Such form of inflation is dangerous for the economy as it mostly affects the middle and low-income classes of population. Importantly, galloping inflation can precipitate an economic depression. Nevertheless, galloping inflation can still

Trading basics

General game playing

General game playing (GGP) is the design of artificial intelligence programs to be able to play more than one game successfully. For many games like chess, computers are programmed to play these games using a specially designed algorithm, which cannot be transferred to another context. For instance, a chess-playing computer program cannot play checkers. General game playing is considered

Finance

Global Industry Classification Standard

The Global Industry Classification Standard (GICS) is an industry taxonomy developed in 1999 by MSCI and Standard & Poor's (S&P) for use by the global financial community. The GICS structure consists of 11 sectors, 25 industry groups, 74 industries and 163 sub-industries into which S&P has categorized all major public companies. The system is similar to ICB (Industry Classification Benc

Payments & settlement

GovPay

GovPay is a digital payment platform launched by the Government of Sri Lanka to streamline and modernise payment processes for government services. Officially introduced on 7 February 2025, under the patronage of President Anura Kumara Dissanayake, GovPay represents a significant step toward the digitalization of public services in Sri Lanka. This is a joint initiative of the Ministry of

Trading basics

Green brands

Green brands are brands that consumers associate with environmental conservation and sustainable business practices.

Finance

Gross rent multiplier

The gross rent multiplier (GRM) is a real estate valuation metric defined as the ratio of a property's purchase price to its annual gross rental income, before deducting expenses such as property tax, insurance, and utilities. It represents the number of years of gross rent required to recover the full purchase price of the property. For a prospective investor, a lower GRM indicates a re

Trading basics

Guitar Center

Guitar Center, Inc. is an American musical instrument retailer chain headquartered in Westlake Village, California. It operates 304 locations and is the largest company of its kind in the United States.

Finance

Halifax Initiative

The Halifax Initiative is a coalition of Canadian non-governmental organizations for public interest work and education on international financial institutions. Canadian non-governmental organizations formed the Halifax Initiative in December 1994 to ensure that demands for fundamental reform of the international financial institutions (namely the World Bank and the International Monetar

Trading basics

Herbert Haft

Herbert H. Haft (August 24, 1920 – September 1, 2004) was an American businessman who was famous first for the development of discount stores in the drug store, bookstore, and auto part businesses in Washington, D.C., and later as a corporate raider.

Trading basics

Highmark

Highmark Inc is an American nonprofit healthcare company and integrated delivery network based in Pittsburgh. It is a large individual health insurer in the United States, which operates several nonprofit and for-profit subsidiaries.

Banking

History of banking in Malta

The term "bank" is attributed to the tables used by "trapezitai", ancient Greek bankers, which provided currency exchange, money storage and loan services, facilitating trade. (See main article: History of Banking)

Trading basics

History of the Indonesian rupiah

The currency of Indonesia, the rupiah, has a long history dating back to its colonial period. Due to periods of economic uncertainty and high inflation, the currency has been re-valued several times.

Trading basics

Hoarding

Hoarding is the act of engaging in excessive acquisition of items that are not needed or for which no space is available. Hoarding can also be defined as collecting and holding otherwise scarce items. Some items commonly hoarded include coins considered to have an intrinsic value, such as those minted in silver, or gold, as well as collectibles, jewelry, precious metals and other luxuri

Finance

Home equity investments

Home equity investments (HEI) are financial products that allow homeowners to access their home equity as a lump sum without incurring monthly payments. They first emerged around 2015 and function by enabling investors to purchase a minority stake in a homeowner's property for a predetermined duration. In return, investors receive either a percentage of the home's future market value or

Finance

Home equity loan

A home equity loan is a type of loan in which the borrowers use the equity of their home as collateral. The loan amount is determined by the value of the property, and the value of the property is determined by an appraiser from the lending institution.

Finance

Home equity protection

Home price protection is an agreement that pays the homeowner if a particular home price index declines in value over a period of time after the protection is purchased. The protection is for a new or existing homeowner that wishes to protect the value of their home from future market declines.

Trading basics

Home warranty

A home warranty is a contract that agrees to provide a homeowner with discounted repair and replacement services. However, the words "home warranty" are not always used explicitly to mean a legal warranty is being conveyed. In many cases, at least in the United States, a home warranty is not a warranty at all, but rather a home service contract that covers the repair and/or replacement

Finance

Honored Economist of Ukraine

The Honored Economist (also translated as The Merited Economist of Ukraine, Ukrainian: Заслужений економіст України) is an honorary title of Ukraine, awarded for personal merits to the Ukrainian state to citizens who worked in a relevant branch of the economy or socio-cultural sphere, as a rule, for at least ten years, have high work achievements and professional skill.

Securities & exchanges

Howard Buffett

Howard Homan Buffett (August 13, 1903 – April 30, 1964) was an American businessman, investor, and politician. He was a four-term Republican United States representative for the state of Nebraska. He was the father of Warren Buffett, the businessman and investor.

Finance

Ikoyi

Ikoyi is the most affluent island of Lagos, located in Eti-Osa Local Government Area. It lies to the northeast of Obalende and adjoins Lagos Island to the west, and at the edge of the Lagos Lagoon. Popular with the extreme upper class residents of Nigerian society, Ikoyi is arguably one of the wealthiest communities within Nigeria.

Finance

Illicit financial flows

Illicit financial flows, in economics, are a form of illegal capital flight that occurs when money is illegally earned, transferred, or spent. This money is intended to disappear from any record in the country of origin, and earnings on the stock of illicit financial flows outside a country generally do not return to the country of origin.

Trading basics

IMM Graduate School

The IMM Graduate School is a private higher education institution in South Africa and forms part of the UXi Education group. It offers programmes in business education, with particular emphasis on marketing management, business management, supply chain management, and project management.

Finance

Impact of microcredit

The impact of microcredit is the study of microcredit and its impact on poverty reduction which is a subject of much controversy. Proponents state that it reduces poverty through higher employment and higher incomes. This is expected to lead to improved nutrition and improved education of the borrowers' children. Some argue that microcredit empowers women. In the US and Canada, it is arg

Trading basics

Imputed rent

Imputed rent is the estimated rental price that an individual would pay for an asset they own. This concept applies broadly to capital goods but is most frequently used in housing markets to measure the rent homeowners would pay for a housing unit equivalent to their own. Imputing housing rent is essential for accurately measuring economic activity in national accounts, as asset owners d

Trading basics

Income

Income is the consumption and saving opportunity gained by an entity within a specified timeframe, which is generally expressed in monetary terms. Income is difficult to define conceptually and the definition may be different across fields. For example, a person's income in an economic sense may be different from their income as defined by law.

Trading basics

Incomes policy

Incomes policies in economics are economy-wide wage and price controls, most commonly instituted as a response to inflation, and usually seeking to establish wages and prices below free-market level. Incomes policies have often been resorted to during wartime. During the French Revolution, "The Law of the Maximum" imposed price controls (by penalty of death) in an unsuccessful attempt to

Trading basics

Individual capital

Individual capital, the economic view of talent, comprises inalienable or personal traits of persons, tied to their bodies and available only through their own free will, such as skill, creativity, enterprise, courage, capacity for moral example, non-communicable wisdom, invention or empathy, non-transferable personal trust and leadership.

Finance

Individual development account

An individual development account (IDA) is an asset building tool designed to enable low-income families to save towards a targeted amount usually used for building assets in the form of home ownership, post-secondary education and small business ownership. In principle IDAs work as matched savings accounts that supplement the savings of low-income households with matching funds drawn f

Finance

Indonesia Endowment Fund for Education

The Indonesia Endowment Fund for Education Agency (Indonesian: Lembaga Pengelola Dana Pendidikan, lit. 'Institute of Education Fund Management', abbreviated as LPDP) is a public service agency of the Ministry of Finance of Indonesia mandated with managing the state's education endowment fund. Investment in the fund partially fulfills a clause in the Constitution of Indonesia stipulating

Trading basics

Information capital

Information capital is a concept which asserts that information has intrinsic value which can be shared and leveraged within and between organizations. Information capital connotes that sharing information is a means of sharing power, supporting personnel, and optimizing working processes. Information capital is the pieces of information which enables the exchange of Knowledge capital.

Trading basics

Inland Revenue Ordinance

The Inland Revenue Ordinance is one of Hong Kong's Ordinances. It regulates the inland revenue of Hong Kong.

Finance

Institute of Chartered Financial Analysts of India

The Institute of Chartered Financial Analysts of India (ICFAI) was established in 1984 as a non-profit educational society in Hyderabad, Telangana, India. The institution has been offering education to students across India through its various programs in the field of higher education. The institution was founded by N. J. Yasaswy, Besant C. Raj and Dr. Prasanna Chandra, the Director of

Trading basics

Insurance broker

An insurance broker is an intermediary who sells, solicits, or negotiates insurance on behalf of a client for compensation. An insurance broker is distinct from an insurance agent in that a broker typically acts on behalf of a client by negotiating with multiple insurers, while an agent represents one or more specific insurers under a contract.

Finance

Insurance in Serbia

Insurance in Serbia refers to the market for risk in the Republic of Serbia. Insurance, generally, is a contract in which the insurer (joint-stock insurance company, mutual insurance company, or reciprocal, for example), agrees to compensate or indemnify another party (the insured, the policyholder or a beneficiary) for specified loss or damage to a specified thing (e.g., an item, proper

Trading basics

Interactive kiosk

An interactive kiosk is a computer terminal featuring specialized hardware and software that provides access to information and applications for communication, commerce, entertainment, or education.

Trading basics

Interactive media

Interactive media refers to digital experiences that dynamically respond to user input, delivering content such as text, images, animations, video, and audio. Interactions may be pre-programmed, stochastically driven, or even AI-driven. Over the years, interactive media has expanded across gaming, education, social platforms, and immersive technologies like VR and AR. With the rise of AI

Finance

International financial management

International financial management, also known as international finance, is the management of finance in an international business environment; that is, trading and making money through the exchange of foreign currency. The international financial activities help the organizations to connect with international dealings with overseas business partners- customers, suppliers, lenders etc. I

Trading basics

International Underwriting Association

The International Underwriting Association (IUA) of London is a trade association that represents companies that trade in the London insurance market outside Lloyd's of London. They include branches or subsidiaries of nearly all the world's largest international insurance and reinsurance companies.

Finance

Investopedia

Investopedia is a global financial media website headquartered in New York City. Founded in 1999, Investopedia provides investment dictionaries, advice, reviews, ratings, and comparisons of financial products, such as securities accounts. It is part of the People Inc. family of brands owned by IAC.

Finance

Involuntary unemployment

Involuntary unemployment occurs when a person is unemployed despite being willing to work at the prevailing wage. It is distinguished from voluntary unemployment, where a person chooses not to work because their reservation wage is higher than the prevailing wage. In an economy with involuntary unemployment, there is a surplus of labor at the current real wage. This occurs when some forc

Banking

Islamic banking and finance in Canada

The demand for Islamic banking and finance has grown in Canada due to the growing Muslim population in the country who want to avoid riba and other financial practices in violation of sharia. These sharia-compliant financial products are not offered by main financial institutions and, thus, small financial companies are major players. However, major companies like WealthSimple are start

Finance

Islamic banking in Malaysia

Islamic banking in Malaysia began in September 1963 when Perbadanan Wang Simpanan Bakal-Bakal Haji (PWSBH) was established. PWSBH was set up as an institution for Muslims to save for their Hajj (pilgrimage to Mecca) expenses. In 1969, PWSBH merged with Pejabat Urusan Haji to form Lembaga Urusan dan Tabung Haji (now known as Lembaga Tabung Haji).

Trading basics

Issue advocacy ads

'Issue advocacy ads, also called interest advocacy ads or issue-only ads, are communications that raise public awareness of a social or political issue. They are sponsored by advocacy groups, including issue advocacy groups and special interest groups. In the United States, the term is used mainly in campaign finance law, where issue advocacy is distinguished from express advocacy, which

Trading basics

Italian economic miracle

The Italian economic miracle (Italian: miracolo economico italiano), or the Italian economic boom (Italian: boom economico italiano), is the term used by historians, economists, and the mass media, first attributed by the Daily Mail in a correspondence from Rome on 25 May 1959, to designate the prolonged period of strong economic growth in Italy after World War II to the late 1960s, and

Securities & exchanges

Jahangir Siddiqui

Jahangir Siddiqui (جہانگیر صدیقی) is a Pakistani businessman and founder of Jahangir Siddiqui & Co. and JS Bank.

Securities & exchanges

Joel Seligman

Joel Seligman (born January 11, 1950) is an American legal scholar and former academic administrator. He served as the 10th president of the University of Rochester, in Rochester, New York, from 2005 to 2018. Seligman is also one of the leading authorities on securities law in the United States. Seligman stepped down from his presidency in 2018 following his handling of a university-wide

Securities & exchanges

John Templeton

Sir John Marks Templeton (29 November 1912 – 8 July 2008) was an American-born British investor, banker, fund manager, and philanthropist. In 1954, he entered the mutual fund market and created the Templeton Growth Fund, which averaged growth over 15% per year for 38 years. A pioneer of emerging market investing in the 1960s, Money magazine named him "arguably the greatest global stock p

Trading basics

Jostens

Jostens Inc. is an American manufacturer of memorabilia. The company is primarily known for its production of yearbooks, academic regalia, and class rings for various high schools and colleges as well as championship rings for sports. For over 50 years, Jostens has been the supplier of the Super Bowl championship rings. Jostens also produced photobook products for Disney's PhotoPass phot

Trading basics

Labour-sponsored venture capital corporation

A labour-sponsored venture capital corporation (LSVCC), known alternately as labour-sponsored investment fund (LSIF) or simply retail venture capital (RVC), is a fund managed by investment professionals that invests in small to mid-sized Canadian companies. The Canadian federal government and some provincial governments offer tax credits to LSVCC investors to promote the growth of such c

Trading basics

Lagos Preparatory School

Lagos Preparatory & Secondary School (LPSS) is a private co-educational day school in the affluent Ikoyi suburb of Lagos, Nigeria, and has adopted the UK National Curriculum; it was established in 2002. LPSS which was formerly known as LPS, provides Early Years, Primary and Secondary school education for children from 18 months up to age 16+.

Trading basics

Law of one price

In economics, the law of one price (LOOP) states that in the absence of trade frictions (such as transport costs and tariffs), and under conditions of free competition and price flexibility (where no individual sellers or buyers have power to manipulate prices and prices can freely adjust), identical goods sold at different locations should be sold for the same price when prices are expr

Trading basics

Leapfrogging

Leapfrogging is a concept used in many domains of the economics and business fields, and was originally developed in the area of industrial organization and economic growth. The main idea behind the concept of leapfrogging is that small and incremental innovations usually lead a dominant firm to stay ahead, but sometimes, radical innovations will permit new firms to leapfrog the ancient

Trading basics

Lease

A lease is a contractual arrangement calling for the user (referred to as the lessee) to pay the owner (referred to as the lessor) for the use of an asset. Property, buildings and vehicles are common assets that are leased. Industrial or business equipment are also leased. In essence, a lease agreement is a contract between two parties: the lessor and the lessee. The lessor is the legal

Trading basics

Leon Black

Leon David Black (born July 31, 1951) is an American private equity investor. He is the former CEO of Apollo Global Management, which he co-founded in 1990 with Marc Rowan and Josh Harris. Black was the chairman of the Museum of Modern Art from 2018 to 2021. Black resigned from both Apollo Global Management and the Museum of Modern Art in the wake of revelations about his business ties t

Payments & settlement

Letter of credit

A letter of credit (LC), also known as a documentary credit or bankers commercial credit, or letter of undertaking (LoU), is a payment mechanism used in international trade to provide an economic guarantee from a creditworthy bank to an exporter of goods. Letters of credit are used extensively in the financing of international trade, when the reliability of contracting parties cannot be

Finance

List of business journals

This is a list of business journals, including journals in business, management, marketing, finance, accounting, international business, organizational studies, entrepreneurship, and related fields.

Trading basics

Loan guarantee

A loan guarantee, in finance, is a promise by one party (the guarantor) to assume the debt obligation of a borrower if that borrower defaults. A guarantee can be limited or unlimited, making the guarantor liable for only a portion or all of the debt.