Time Draft
Meaning of Time DraftTime Draft is a document acknowledging a promise to make a payment after a specific period. It is usually used in… Read Article
IPO Underpricing – Meaning, Formula, Reasons And More
What is Underpricing?Underpricing is a phenomenon in the finance world where a company, going for IPO (initial public offering), prices its shares below its real… Read Article
Supermajority – Meaning, History, Drawbacks And More
As the word suggests, a supermajority is the requirement of more than a simple majority (of 51% or more). In the financial world, this… Read Article
Variation Margin – Meaning, Example, Importance and More
Variation margin (VM) (or Mark To Market Margin) is an essential part of the derivatives market. It is the extra money that a clearinghouse… Read Article
Contract Manufacturing
Meaning of Contract ManufacturingContract manufacturing is a process in which a company outsources its production to a third party in return for a mutually… Read Article
Bid vs Ask – All You Need To Know
The stock exchanges have various jargons that are known to experienced traders, but for a beginner, these would be entirely new. However, almost everyone… Read Article
Cost Estimation – How to do it? and its various Methods
Cost Estimation in Project ManagementCost estimation is the process of forecasting the cost of completion of a project, task, or operation. It considers all… Read Article
Toll Manufacturing
MeaningToll Manufacturing or Toll Processing is a process in which a company provides raw materials or semi-finished goods to a third-party servicing company. The… Read Article
VRDB or Variable Rate Demand Bonds
Variable Rate Demand Bonds (VRDBs) are a type of financing option. VRDB is a floating rate bond with an option to sell back to… Read Article
Sushi Bonds – Meaning, Features, Uses and More
Sushi bonds are the bonds issued by Japanese borrowers for those outside Japan. These bonds are denominated in a currency other than the Japanese… Read Article
Sum of the Years Digits Depreciation
As the name suggests, the sum of the year’s digits depreciation or SYD is a method to calculate depreciation. Since this method accelerates the… Read Article