What Is a Commercial and Industrial (C&I) Loan? A commercial and industrial (C&I) loan is a loan made to a business or corporation. Commercial and industrial loans provide companies with funds that can be used for various purposes, including working capital or to finance capital expenditures such as purchasing machinery. Typically, C&I loans have variable interest rates and
What Is Core Retail Sales? The term “core retail sales” refers to an economic indicator that tracks the month-to-month increase or decrease in U.S. consumer spending in most retail categories. Two monthly retail sales numbers are commonly reported by the financial news media—retail sales and core retail sales. Retail sales reflect the monthly estimate of
What Is a Credit Event? A credit event is a sudden and tangible (negative) change in a borrower’s capacity to meet its payment obligations, which triggers a settlement under a credit default swap (CDS) contract. A CDS is a credit derivative investment product with a contract between two parties. In a credit default swap, the
What Is Credit Repair? Credit repair is the process of fixing poor credit standing that may have deteriorated for a variety of different reasons. Repairing credit standing may be as simple as disputing mistaken information with the credit agencies. Identity theft, and they damage incurred, may require extensive credit repair work. Another form of credit
What Are Deferred Acquisition Costs (DAC)? Deferred acquisition costs (DAC) is an accounting method that is applicable in the insurance industry. Using the DAC method allows a company to defer the sales costs that are associated with acquiring a new customer over the term of the insurance contract. Key Takeaways Deferred acquisition costs (DAC) is an accounting
What Is DAGMAR? DAGMAR (defining advertising goals for measured advertising results) is a marketing model used to establish clear objectives for an advertising campaign and measure its success. The DAGMAR model was introduced by Russell Colley in a 1961 report to the Association of National Advertisers and was expanded upon in 1995 by Solomon Dutka. Key
What Is the Daily Factor? The daily factor is a decimal figure representing the annual yield of an investment. They are used to compare the return on investment associated with different securities. Daily factors are often reported alongside the current annualized yield figures and can be translated back to the current yield percentage by multiplying
What Is a Daisy Chain? Daisy chain is a term for a financial scam conducted by a group of investors in the public equities markets or in real estate. It is similar to a pump-and-dump scheme. These securities market fraudsters work together to buy a particular security and artificially increase the value of the security.
What Is Dalal Street? Dalal Street is a street in downtown Mumbai, India, that houses the Bombay Stock Exchange (BSE), the largest stock exchange in India, and other reputable financial institutions. It received the name Dalal Street after the Bombay Stock Exchange moved there in 1874 and became the first stock exchange recognized by the Indian
Daniel Paul Amos is the chair and Chief Executive Officer (CEO) of the United States-based insurance company Aflac. Aflac (NYSE: AFL) is a publicly traded Fortune 500 company that specializes in supplemental insurance coverage. It is the largest provider of guaranteed renewable insurance in the United States and also the largest insurance company in Japan.
