Category: Economics
## What Is Non-Owner Occupied? The term "non-owner occupied" refers to a classification used in the realm of real estate, particularly in mortgage origination, risk-based pricing, and housing statis...
Category: Economics
The term **"robber baron"** refers to some of the most successful industrialists in American history, particularly during the **Gilded Age** in the late 19th century. Though it is a derogatory term, ...
Category: Economics
Net Internal Rate of Return (Net IRR) is an essential performance measurement tool used in finance to assess the profitability and potential of investments. It adjusts the traditional Internal Rate o...
Category: Economics
"Past due" is a term commonly encountered in the realm of finance and lending, referring to a situation where payments owed on loans or services have not been made by their due date. Ignoring payment...
Category: Economics
When investing in dividend-paying stocks, grasping the concept of the record date is crucial for securing potential payouts. The record date serves as a cutoff point established by a company to deter...
Category: Economics
Real Gross Domestic Product (GDP) is an important economic indicator that provides insight into a country's economic performance. Unlike nominal GDP, real GDP adjusts for inflation or deflation, offe...
Category: Economics
Excise taxes are a type of legislated tax imposed on specific goods or services when they are purchased. Unlike international taxes that span across country borders, excise taxes are intranational, e...
Category: Economics
In the world of finance and accounting, managing accounts receivable effectively is crucial for sustaining healthy cash flow. One of the key tools employed to achieve this is the **allowance for bad ...
Category: Economics
The Financial Information eXchange (FIX) protocol is a vendor-neutral electronic communications standard widely adopted for the real-time exchange of securities transaction information. This protocol...
Category: Economics
Factoring is a financial practice that allows businesses to improve their cash flow by selling their accounts receivables to a third party, known as a factor. This intermediary agent provides immedia...