First professional diplomas focus on practical skills for a specific profession, earned after an undergraduate degree. They often require completion of an academic degree program and are associated with regulated professions. They can lead to advanced professional diplomas or serve as the terminal academic degree. The first professional diplomas are academic diplomas obtained based on […]
First Year Rate of Return (FYRR) is the amount of return generated during the first year of a business initiative, project or contract. It is used to evaluate the effectiveness of the effort and determine whether it will continue for another year. The rate of return can be positive or negative, and is used to […]
First day notice (FND) is the day buyers of futures contracts receive notice of delivery, warning them of the possibility of taking possession of the merchandise specified in the contract. Futures markets exist to transfer commodity price risk from hedgers to speculators, and most futures contracts require delivery as part of the expiration process. Traders […]
The use of first, second, and third person creates the perspective of a piece of writing. First person refers to the speaker, second person addresses the reader, and third person uses “he”, “she”, or “it”. Third person can be limited or omniscient. In academic writing, third person is preferred. It’s important to use only one […]
