Basic Balance

What is ‘Basic Balance’ Basic balance is an economic measure for the balance of payments that combines the current account and capital account balances. The current account shows the net amount of a country’s income if it is in surplus, or spending if it is in deficit. The capital account records the net change in ownership of foreign assets. The basic … Read more

Reintermediation

DEFINITION of ‘Reintermediation’ Reintermediation can be used in several contexts within finance. Each context involves the introduction of money or an extra step into an already existing process or system. BREAKING DOWN ‘Reintermediation’ Reintermediation can involve introducing money back into the banking system. Individuals withdrawing funds from non-bank investments such as real estate and depositing … Read more

Asset Performance

DEFINITION of ‘Asset Performance’ Asset performance refers to a business’ ability to take operational resources, manage them and produce profitable returns. It is the ability of a business to coax positive performance out of its assets resulting in positive company performance. Ratios and metrics that measure how quickly operations in the company lead to revenue … Read more

Absenteeism

DEFINITION of ‘Absenteeism’ Absenteeism is the habitual non-presence of an employee at his or her job. Habitual non-presence extends beyond what is expected as a normal amount of time away for reasons such as scheduled vacation or occasional illness. Possible causes of absenteeism include job dissatisfaction, ongoing personal issues and chronic medical problems. Regardless of … Read more

Grantee

DEFINITION of ‘Grantee’ A grantee is the recipient of a grant, scholarship, or some type of property. In real estate, the grantee is the one taking title to a purchased property. The grantee is named in the legal document used to transfer the real estate. The person who is relinquishing the property is called the … Read more