What Does the World Economic Forum (WEF) Do?

The World Economic Forum (WEF) is an international organization that promotes global economic growth and cooperation. It hosts an annual meeting in Davos, Switzerland, where business and political leaders discuss the state of the world economy and how to improve it. The WEF also provides a platform for businesses to connect and collaborate on projects … Read more

Automated Customer Account Transfer Service (ACATS) Definition.

The Automated Customer Account Transfer Service (ACATS) is a system that facilitates the transfer of securities and cash between broker-dealers. ACATS allows customers to transfer their accounts, including securities and cash, from one broker-dealer to another without having to sell their securities or close their account. ACATS also allows broker-dealers to transfer customer accounts to … Read more

Performance Budget.

A performance budget is a type of budgeting that focuses on allocating resources based on the results that are expected to be achieved. This approach is often used in government and public sector organizations, as well as in businesses that are seeking to improve their performance. The key benefit of performance budgeting is that it … Read more