NFO Meaning – What Is a New Fund Offer? A new fund offer (NFO) is a new fund being offered by an investment company to new subscribers in order to raise funds from public investors. An NFO is the first-basis subscription offer for a new investment vehicle launched by an […]
What Is Dark Pool Trading? Dark pool trading takes place on privately organized financial forums or exchanges. Here, large traders conduct securities transactions without public disclosure until after the trades are executed and cleared. Dark pools enable institutional investors to trade without risk until the trade is complete. These private […]
What Is a Variable Interest Entity (VIE)? A variable interest entity (VIE) is a legitimate business structure where an investor can have controlling interest without holding majority voting rights. A variable interest entity is a legal corporate structure. It is established such that a single investor can control the company […]
What is the Acid Test Ratio? The acid test ratio is the most stringent calculation of short-term liquidity. It compares a company’s quick assets to its current liabilities. For that reason, the acid-test ratio is also known as the quick ratio. It gauges a company’s liquidity by evaluating how well […]
Blue Collar Meaning – What Is a Blue Collar Worker? Blue-collar meaning: a working-class person who performs manual labor involving skilled or unskilled tasks considered lower or middle class. Blue-collar workers are more typically employed in non-office settings. For example, construction sites, production lines, and driving vehicles and equipment. As […]
What is the Rule of 70? The rule of 70 is a simple method used to estimate how long it will take a person’s money or investment to double depending on the rate of return. This method is widely used for comparing investments with different compounded annual interest rates. While […]