Term of the Day: Cafeteria Plan
Definition of ‘Cafeteria Plan’ An employee benefit plan that allows staff to choose from a variety of benefits to formulate a plan that best suits their needs. Cafeteria plan options may include health...
View ArticleTerm of the Day: Sell In May And Go Away
Definition of ‘Sell In May And Go Away’ A well-known trading adage that warns investors to sell their stock holdings in May to avoid a seasonal decline in equity markets. The “sell in May and go away”...
View ArticleTerm of the Day: Mancession
Definition of ‘Mancession’ An economic instance in which the unemployment rate is substantially higher among men than it is among women. The term “mancession” was coined during the financial crisis of...
View ArticleTerm of the Day: Gross National Happiness (GNH)
Definition of ‘Gross National Happiness – GNH’ An aggregate measure of a country’s national production, in the vein of the gross national product or gross domestic product. Gross national happiness...
View ArticleTerm of the Day: Half Commission Man
Definition of ‘Half Commission Man’ A half commission man is an individual who introduces clients to stock brokers or other market professionals in exchange for an agreed upon percentage of any...
View ArticleTerm of the Day: In The Penalty Box
Definition of ‘In The Penalty Box’ A phrase referring to a company whose stock has plummeted with no rebound in sight. A company in the penalty box is often one that has received some bad news,...
View ArticleTerm of the Day: Junior Mortgage
Definition of ‘Junior Mortgage’ A mortgage that is subordinate to a first or prior (senior) mortgage. A junior mortgage often refers to a second mortgage, but it could also be a third or fourth...
View ArticleTerm of the Day: Godfather Offer
Definition of ‘Godfather Offer’ An irrefutable takeover offer made to a target company by an acquiring company. Typically, the acquisition price’s premium is extemely generous compared to the...
View ArticleTerm of the Day: Chastity Bond
Definition of ‘Chastity Bond’ A bond that matures immediately upon the completion of a trigger event such as a takeover or a change in control of the issuer. A chastity bond is one of a number of...
View ArticleTerm of the Day: Hockey Stick Bidding
Definition of ‘Hockey Stick Bidding’ An anti-competitive bidding practice in which a market participant (or trader) offers an extremely high price for a small portion of a good. The name derives from...
View ArticleTerm of the Day: Pink Slip Party
Definition of ‘Pink Slip Party’ A party that brings together professionals and recruiters who have recently been laid off. Pink slip parties are usually held during tough economic times, when...
View ArticleTerm of the Day: Knowledge Economy
Definition of ‘Knowledge Economy’ A system of consumption and production that is based on intellectual capital. The knowledge economy commonly makes up a large share of all economic activity in...
View ArticleTerm of the Day: Judge Business School
Definition of ‘Judge Business School’ The business school at Cambridge University. The Judge school is a division of the business faculty of the university. JBS is one of the leading providers of...
View ArticleTerm of the Day: Dead Presidents
Definition of ‘Dead Presidents’ Slang referring to U.S. paper currency. Dead presidents can refer to any unit of currency, but most often refers to George Washington, whose picture is on the $1 bill....
View ArticleTerm of the Day: Chartalism
Definition of ‘Chartalism’ A non-mainstream theory of money that emphasizes the impact of government policies and activities on the value of money. The early-20th-century German economist Georg...
View ArticleTerm of the Day: Jumpstart Our Business Startup (JOBS) Act
Definition of ‘Jumpstart Our Business Startup Act (JOBS)’ An act signed into law on April 5, 2012 that allays the regulations instituted by the Securities And Exchange Commission on small businesses....
View ArticleMoney Quiz: What is a ‘Goldbricker’?
Definition of ‘Goldbricker’ Anything of limited or no worth that is passed off as genuine or valuable. A goldbricker is sometimes used to refer to someone who attempts to avoid work and/or...
View ArticleMoney Quiz: What Is A Bitcoin?
Definition of ‘Bitcoin’ A decentralized digital currency that enables low-cost payments without the need for central authorities and issuers. Bitcoin is a peer-to-peer (P2P) currency system created in...
View ArticleMoney Quiz: What is an ‘Employment Situation Report’?
Definition of ‘Employment Situation Report’ A monthly report compiling a set of surveys in an attempt to monitor the labor market. The Employment Situation Report, released by the Bureau of Labor...
View ArticleMoney Quiz: What is ‘Federal Insurance Contributions Act’ (FICA)?
Definition of ‘Federal Insurance Contributions Act – FICA’ A U.S. law requiring a deduction from paychecks and income that goes toward the Social Security program and Medicare. Both employees and...
View Article
More Pages to Explore .....