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Editor Picks

  1. Environmental Tariff

    A tax placed on products being imported to or exported ...
  2. Rule Of Thumb

    A guideline that provides simplified advice regarding ...
  3. Zombie Titles

    A right to ownership and possession of a home that ...
  4. Home Market Effect

    The notion that, when it is fiscally prudent, a company ...
  5. Draghi Effect

    The calming effect of European Central Bank President, ...
  6. Relapse Rate

    The rate of re-offending or re-conviction in a target ...

Recently Added

  1. 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.
  2. Economic Rent

    An excess payment made to or for a factor of production over and above the amount expected by its owner.
  3. 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.
  4. Reputational Risk

    A threat or danger to the good name or standing of a business or entity.
  5. Growth Of 10K

    A graph that shows the change in value of an initial $10,000 investment over a period of time.
  6. The Smith Maneuver

    A strategy that makes interest on a residential mortgage tax-deductible in Canada.
  7. 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 ...
  8. 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 ...
  9. 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 ...
  10. 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," ...
  11. 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 ...
  12. 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 ...
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Hot Definitions
  1. Glocalization

    A combination of the words "globalization" and "localization" used to describe a product or service that is developed and distributed globally, but is also fashioned to accommodate the user or consumer in a local market.
  2. Disaster Loss

    A special type of tax-deductible loss, similar to a casualty loss, where a loss has been incurred by taxpayers who reside in an area that has been designated as a federal disaster area by the President.
  3. Fool In The Shower

    The notion that changes or policies designed to alter the course of the economy should be done slowly, rather than all at once.
  4. Pattern Day Trader

    An SEC designation for traders who trade the same security four or more times per day (buys and sells) over a five-day period, and for whom same-day trades make up at least 6% of their activity for that period.
  5. Cost-Push Inflation

    A phenomenon in which the general price levels rise (inflation) due to increases in the cost of wages and raw materials.
  6. Happiness Economics

    The formal academic study of the relationship between individual satisfaction and economic issues, such as employment and wealth.
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