What Is the BOB (Bolivian Boliviano)? The Bolivian boliviano (BOB) is the national currency of Bolivia. Although the most recent version of the boliviano was introduced in 1987, previous versions of the currency have existed since 1864. Throughout 2020, one U.S. dollar has bought 6.86 BOB. Key Takeaways The Bolivian boliviano (BOB) is the national
What Is the Bahamian Dollar (BSD)? The Bahamian dollar (BSD) is the national currency of the Commonwealth of The Bahamas. The Bahamian dollar is made up of 100 cents and is often denoted by the symbol B$ to distinguish it from other currencies denominated in dollars. The value of the BSD is pegged on a
What Is Funds From Operations (FFO)? The term funds from operations (FFO) refers to the figure used by real estate investment trusts (REITs) to define the cash flow from their operations. Real estate companies use FFO as a measurement of operating performance. FFO is calculated by adding depreciation, amortization, and losses on sales of assets to
What Is a Fund of Funds (FOF)? A fund of funds (FOF)—also known as a multi-manager investment—is a pooled investment fund that invests in other types of funds. In other words, its portfolio contains different underlying portfolios of other funds. These holdings replace any investing directly in bonds, stocks, and other types of securities. FOFs
What Is Funds From Operations (FFO) to Total Debt Ratio? The funds from operations (FFO) to total debt ratio is a leverage ratio that a credit rating agency or an investor can use to evaluate a company’s financial risk. The ratio is a metric comparing earnings from net operating income plus depreciation, amortization, deferred income
What Is Funemployment? The term funemployment refers to a period of time when individuals decide to enjoy the free time that comes with being unemployed. The slang term “funemployment” is used to describe those who lost their jobs and choose to use their newfound freedom to pursue leisure activities such as traveling, going to the
What Is Fungibility? Fungibility is the ability of a good or asset to be interchanged with other individual goods or assets of the same type. Fungible assets simplify the exchange and trade processes, as fungibility implies equal value between the assets. Key Takeaways Fungibility is the ability of a good or asset to be readily
What Is Fuqua School of Business? Fuqua School of Business is a graduate business school located at Duke University in Durham, North Carolina. Founded in 1969, its Master of Business Administration (MBA) program is regularly ranked among the top 15 programs in the world. In 2019, The Economist rated it as the world’s ninth-best MBA
What Is a Furlough? A furlough is a temporary layoff, an involuntary leave, or some other modification of normal working hours without pay for a specified duration. Businesses use furloughs for a variety of reasons, such as plant shutdowns, or when a broad reorganization makes it unclear which employees will be retained. In the military, furloughs are
What is a Furnisher A furnisher is a company that provides information about a consumer, including credit history, to a credit bureau. Understanding Furnisher Furnishers play an important role in helping businesses make decisions about whether or not to grant credit to an individual who has requested it. Before providing credit, whether that may be
