Employee Benefits Security Administration – EBSA definition explanation

What is Employee Benefits Security Administration – EBSA?
A division of the Department of Labor (DOL) charged with enforcing the rules governing the conduct of plan managers, the investment of plan assets, the reporting and disclosure of plan information, the fiduciary provisions of the law, and workers’ benefit rights. Read more for examples and further explanation including related video clips and also comments
Continue reading “Employee Benefits Security Administration – EBSA definition explanation”

Depository Trust & Clearing Corporation – DTCC definition explanation

What is Depository Trust & Clearing Corporation – DTCC?
Established in 1999, the DTCC is a holding company consisting of 5 clearing corporations and 1 depository, making it the world’s largest financial services corporation dealing in post trade transactions. Read more for examples and further explanation including related video clips and also comments
Continue reading “Depository Trust & Clearing Corporation – DTCC definition explanation”

Customer Relationship Management – CRM definition explanation

What is Customer Relationship Management – CRM?
The principles, practices, and guidelines that an organization follows when interacting with its customers. From the organization’s point of view, this entire relationship not only encompasses the direct interaction aspect, such as sales and/or service related processes, but also in the forecasting and analysis of customer trends and behaviors, which ultimately serve to enhance the customer’s overall experience. Read more for examples and further explanation including related video clips and also comments
Continue reading “Customer Relationship Management – CRM definition explanation”

Corporate Citizenship definition explanation

What is Corporate Citizenship?
The extent to which businesses are socially responsible for meeting legal, ethical and economic responsibilities placed on them by shareholders. The aim is for businesses to create higher standards of living and quality of life in the communities in which they operate, while still preserving profitability for stakeholders. Read more for examples and further explanation including related video clips and also comments
Continue reading “Corporate Citizenship definition explanation”

Corporate Action definition explanation

What is Corporate Action?
Any event that brings material change to a company and affects its stakeholders. This includes shareholders, both common and preferred, as well as bondholders. These events are generally approved by the company’s board of directors; shareholders are permitted to vote on some events as well. Read more for examples and further explanation including related video clips and also comments
Continue reading “Corporate Action definition explanation”