An acronym is an abbreviation that is formed from the initial letters of a phrase or expression. When an acronym is pronounced like a word, it is called an acronym. On this occasion, we are going to focus on an acronym frequently used in the field of economics and finance: ebitda, which comes from the…
Category: Business
What does the abbreviation VC stand for?
According to abbreviationfinder, VC stands for Variable Cost. Cost is the economic outlay that must be made to acquire or maintain a product or service. Variable, on the other hand, is that which varies: that changes or that is not stable. The idea of variable cost, therefore, refers to the cost that experiences variations when the…
What does the abbreviation CEO stand for?
According to abbreviationfinder, The term Interim CEO is made up of the English terms interim and CEO. Interim stands for in the meantime, CEO is the abbreviation for Chief Executive Officer. From this it can already be deduced what an interim CEO is: a managing director who has been appointed in the meantime. He or…
What does the abbreviation POA stand for?
According to ABBREVIATIONFINDER.ORG, POA stands for Principles of Accounting which are a set of standards that represent the essence of the doctrines and theories related to this science. Accounting principles govern the exercise of the profession, and respect for them is a condition of legitimacy according to the Brazilian Accounting Standards. The rules currently in…
Meaning of Mortgage Lending Value
In general, the mortgage lending value represents the value at which a credit institution can consider something as security for a loan. Most of the time, consumers deal with this term in a home loan. The mortgage lending value and its determination are regulated in Section 16 of the Pfandbrief Act. Among other things, the…
Meaning of Stock Market
Stock market is an adjective that comes from bursa, a Latin term that means “bag”. The stock market, therefore, is that linked to the stock market, understanding this concept as the financial institution that allows buying and / or selling shares. In this sense, it is possible to speak of equity shares, securities, trading, stockbrokers,…