Term of the day
vertical integration
The merger with or acquisition of a company that performs a different role in the same industry - for instance, when the producer of a good buys the distributor of the same product. This contrasts with horizontal integration, which involves combining with a company that has the same role in the same industry.
Vertical integration does not necessarily require a merger or acquisition. It is often the result of internal development. The choice between outsourcing and vertical integration is a...
Basics of Finance
- AERAnnual equivalent rate; a rate of interest which shows how much interest you receive from an investment in one year if each interest payment...
- amortisation
- capital expenditure/spending
- Bank of England
- bonds
- budget deficit
- capital ratio
- carbon trading
- Chapter 11
- commercial bank
- recession
- corporate bond
- environmental fund
- credit squeeze
- derivatives
- inventory cycle
- Dow Jones
- earnings per share EPS
- The Fed
- externality
- EBITDA
- Economic and Monetary Union EMU
- free market
- price/earnings ratio
- futures contract
- gross domestic product
- government bonds
- investment bank
- like-for-like sales
- market study
- Moody's
- operating profit
- pension fund
- pre-tax profit
- preferred share
- procurement
- purchasing power parity PPP
- rights issue
- share price
- shareholder
- taxpayer dollars
- tier one capital
- tier two capital
- Treasury
- underwriting power
- universal bank
- Wall Street
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Buzz Words
- AbenomicsAbenomics is the name given to a suite of measures introduced by Japanese prime minister Shinzo Abe after his December 2012 re-election to...
- crowdfunding
- crowdsourcing
- Dodd-Frank Act
- ESG
- flash trading
- Glass-Steagall Act
- grey dollar
- hawk
- inflation targeting
- Keynesian economics
- microfinance
- MMO massively multiplayer online
- pregnant presenteeism
- sukuk (Islamic bonds)
- spread betting
- sustainable development
- too big to fail
- toxic assets
- Volcker rule
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In the News
- cyber crimeCyber crime involves activities like raiding bank accounts and stealing information from companies. ExampleIntel employee Biswamohan Pani...
- financial regulation
- dark pools
- Financial Policy Committee FPC
- IMF
- insider trading
- IPO
- Libor
- monetary transmission
- net neutrality
- peak oil
- Serious Fraud Office
- sovereign bonds
- strategic alliance
- proprietary trading
- Yellen Index
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