Zero Based Vs. Activity Based Budgeting
Zero Based Budgeting and Activity-Based Budgeting are the most popular budgeting methods. The selection of preferred budgeting method depends on the functioning and suitability… Read Article
Steps in Zero Based Budgeting
Zero-based budgeting (ZBB) is a management tool for controlling the costs in an organization. It is a budgeting method where the organization prepares the… Read Article
Letter of Credit Discounting
Discounting of Letter of Credit (LC) is a short-term credit facility provided by the bank. In the Letter of Credit discounting process, the bank… Read Article
Factoring
Definition of FactoringFactoring is a financial service in which the business entity sells its bill receivables to a third party at a discount in… Read Article
Zero Based Vs. Traditional Budgeting
Zero-Based budgeting and traditional budgeting are the two predominantly used budgeting techniques. These techniques help the companies to allocate capital to different departments. These… Read Article
Zero Based Vs. Incremental Budgeting
Zero-based budgeting and Incremental budgeting are the two most commonly used methods of budgeting that most companies implement. Both the methods are unique and… Read Article
Strip and Strap
StripA strip is a delta negative trading strategy. Being delta negative implies that the value of the strip position increases when the price of… Read Article
Types of Exotic Options
What are Exotic Options?An exotic option is an over-the-counter (OTC) option that is more complex than commonly traded plain vanilla options in terms of… Read Article
Strategic Alliance
What is Strategic Alliance (Definition)Strategic Alliance (SA) is a corporate restructuring strategy. It is an agreement between two entities to pool their resources for… Read Article
Asset Backed Securities
Asset-backed securities (ABS) are debt instruments collateralized by various loans and obligations. These are types of derivative instruments. These obligations usually include student loans,… Read Article
Convertible Bonds – Features, Types, Advantages, and Disadvantages
What are Convertible Bonds?A convertible bond is a type of debt instrument that comes with the option of getting converted into equity shares. It… Read Article