Tranche is a derivative of the same french word meaning "slice." In financial terms it means a part of a transaction, for example an investment could be divided by tranches and have varying terms and returns depending upon the tranche.
If an asset is fungible, then all that means is it has the same terms, conditions, and rights as other assets in the same pool. Hence, one asset can be substituted or exchanged for another asset...
Normalised capital normally refers to working capital. Normalised working capital is the average working capital requirements of a firm for ordinary trading using the past 12 months as a guide. It is...
The mean is the sum of all elements in the sequence divided by the total number of elements. It is a statistic which represents the expected value of any term in the sequence (the average value).
Mean is when you add all the values and divide by the number of values. A mean is an average to use in making some very general inferences about the sample and population data. eg: If i have the...
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