« Yesterday's Term | May 23 2013
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Related to 'Glocalization'
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Environmental Tariff
A tax placed on products being imported to or exported from countries with unsatisfactory environmental pollution controls. An environmental tariff is, in effect, a sin tax, designed to make trade with environmentally negligent countries less desirable. -
A Primer On Reserve Currencies
For nearly a century, the U.S. dollar has served as the world's premier reserve currency, but the future is uncertain. -
Rule Of Thumb
A guideline that provides simplified advice regarding a particular subject. A rule of thumb is a general principle that provides practical instructions for accomplishing or approaching a certain task. Typically, rules of thumb develop as a result of practice and experience rather than scientific research or theory. -
Zombie Titles
A right to ownership and possession of a home that remains with a person who believes he or she has lost the property as a result of foreclosure. A zombie title is a title to real property that happens when a lender initiates foreclosure proceedings by issuing a notice of foreclosure and then unexpectedly dismisses the foreclosure.
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Environmental Tariff
A tax placed on products being imported to or exported ... -
Rule Of Thumb
A guideline that provides simplified advice regarding ... -
Zombie Titles
A right to ownership and possession of a home that ... -
Home Market Effect
The notion that, when it is fiscally prudent, a company ... -
Draghi Effect
The calming effect of European Central Bank President, ... -
Relapse Rate
The rate of re-offending or re-conviction in a target ...
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Encore Career
A second vocation in the second half of one's life which seeks to combine a sense of purpose with public-service passion and a paycheck for people in their 50s and 60s. -
Economic Rent
An excess payment made to or for a factor of production over and above the amount expected by its owner. -
Legal Tender
Any official medium of payment recognized by law that can be used to extinguish a public or private debt, or meet a financial obligation. -
Reputational Risk
A threat or danger to the good name or standing of a business or entity. -
Growth Of 10K
A graph that shows the change in value of an initial $10,000 investment over a period of time. -
The Smith Maneuver
A strategy that makes interest on a residential mortgage tax-deductible in Canada. -
Use Tax
A sales tax on purchases made outside one’s state of residence on taxable items that will be used, stored or consumed in one’s state of residence and on which no tax was collected in the state ... -
Guerrilla Trading
A very short-term trading technique that aims to generate small profits while taking on very little risk per trade, and repeating this multiple times in a trading session. Guerrilla trades typically ... -
Golden Leash
Special incentives offered to directors being nominated to serve on the board of a company by a major shareholder. A golden leash is designed to offer an incentive to the nominee directors to ... -
Sequestration
A term adopted by Congress to describe a fiscal policy process that automatically reduces the federal budget across most departments and agencies. Sequestration, or "the sequester," ... -
Demographic Dividend
The freeing up of resources for a country's economic development and the future prosperity of its populace as it switches from an agrarian to an industrial economy. In the initial stages of this ... -
Hot Hand
The notion that because one has had a string of successes, he or she is more likely to have continued success. For example, if one flipped a (fair) coin and guessed correctly that it would land ...