A line of credit is a continuous stream of funds that can be accessed by writing specific checks. It works kind of like a credit card; … source

The AUM acronym stands for “Assets Under Management.” It refers to the total market value of assets being managed by an … source

While APR is a more accurate estimation of the total cost of a loan than the nominal interest rate, it is limited because it only considers a simple interest rate. If the interest compounds on a smaller time frame than annually (such as monthly or semi-annually), the actual interest paid …

Automated Clearing House (ACH) is an electronic payments network run by the National Automated Clearing Housing Association (NACHA) to facilitate lower-value money transfers between financial institutions. When starting a new job position, your employer may set up ACH to allow direct deposits from your employer’s bank account to your bank …

Macro-environment refers to the overall operating conditions for an industry or country. Macroeconomists use different statistics and measures to evaluate factors … source

Licensing agreements are contracts between two parties for license, or temporary use of a property, in return for a licensing fee. The contracts convey some of … source

The Chartered Property Casualty Underwriter (CPCU) is a credential in the property and casualty insurance industry administered by the nonprofit organization … source

A tariff is a government-sanctioned tax applied to specific goods imported from another country. Tariffs may be used to raise revenue (revenue tariff), protect … source

A payment method is the way an individual pays for goods and services. Payment methods evolved from a barter system into either instant forms of payment, such as cash, debit cards, and wire transfers (for larger purchases), or commitments to pay in the future, such as a credit card or …

A competitor is a rival business whose activities have the potential to reduce another business’s share of the market. A competitor who sells the same or a … source

Volatility is the change in the performance of an investment over time. Volatility is calculated by measuring the standard deviation in the return of an investment, and it is often used to calculate an investment’s risk. _______________________ 0:00 Volatility Definition 0:46 Probability of Permanent Loss 1:06 Warren Buffet on Volatility …

A Ponzi scheme (or a “Ponzi scam”) is an investment scam in which early investors are paid returns from funds contributed by later investors, although it has taken on a broader definition in recent years. A Ponzi scheme often conducts no actual business while the orchestrator pockets a cut of …

Gross margin is the profitability of a business after subtracting the cost of goods sold from the revenue. It is a reflection of the amount of money a company retains … source

A value-add tax is a tax charged on the gross profit of every step in the supply chain. It’s best understood using an example: The country of Decivat has a 10% … source

Bankruptcy is a legal proceeding in which a debtor declares their inability to pay back their creditors. The general idea behind declaring bankruptcy is that it … source

Market Capitalization is the aggregate dollar-value of all outstanding shares of a company’s stock. This means, if a company has 15 million shares of stock out in … source

Companies can either be B2B, B2C, or a hybrid of both. B2B as a business model is generally higher revenue per customer, but lower volume, whereas B2C is generally a higher volume, but lower revenue model. _______________________ 0:00 Intro 0:08 B2B & B2C 0:28 B2B vs B2C vs Hybrid Models …

A business-to-consumer, or B2C, business model is one in which a company sells a service or product directly to a consumer. Familiar examples include … source

Cryptocurrencies are digital or virtual currencies that incorporate cryptography tools to enforce security and money supply. They first gained mainstream prominence in 2009 after the financial crisis of 2008. Cryptocurrencies are carriers of value on the Internet as opposed to being a purely financial instrument. _______________________ 0:00 Cryptocurrency Definition 0:50 …