Monthly Archives: March 2009

What is Open Offer? A secondary market offering that is similar to a rights issue in which a shareholder is given the opportunity to purchase stock at a price that is lower than the current market price. The purpose of … Continue reading →

What is Leveraged Buyout – LBO? The acquisition of another company using a significant amount of borrowed money (bonds or loans) to meet the cost of acquisition. Often, the assets of the company being acquired are used as collateral for … Continue reading →

What is Just In Case – JIC? An inventory strategy in which companies keep large inventories on hand. This type of inventory management strategy aims to minimize the probability that a product will sell out of stock. A company practicing … Continue reading →

What is Incumbent? An individual that is responsible for a specific office within a corporation. Read more for examples and further explanation including related video clips and also comments

What is Internet Service Provider – ISP? A company that furnishes corporations and individual consumers with various services, mainly access to the internet. Read more for examples and further explanation including related video clips and also comments

What is International Securities Identification Number – ISIN? A code that uniquely identifies a specific securities issue. The organization that allocates ISINs in any particular country is the country’s respective National Numbering Agency (NNA). Read more for examples and further … Continue reading →

What is Investor Relations – IR? A department, present in most medium to large public companies, that provides investors with an accurate account of the company’s affairs. This helps investors to make informed buy or sell decisions. Read more for … Continue reading →

What is Irrevocable Letter Of Credit – ILOC? A letter of credit that can’t be canceled. This guarantees that a buyer’s payment to a seller will be received on time and for the correct amount. Read more for examples and … Continue reading →

What is HyperText Markup Language – HTML? The authoring language used in the creation of documents for the World Wide Web. Read more for examples and further explanation including related video clips and also comments

What is Employment Cost Index – ECI? A quarterly report from the U.S. Department of Labor that measures the growth of employees’ compensation (wages and benefits). The index is based on a survey of employer payrolls in the final month … Continue reading →