What is Form 1095-B? Form 1095-B is a tax form used to report information about an individual’s health coverage. It is issued by insurance providers, employers, or government agencies that provide minimum essential coverage as required by the Affordable Care Act (ACA). Form 1095-B contains important information about the individual’s … …
History and Background The UCLA Anderson School of Management has a rich history and a strong reputation as one of the top business schools in the world. It was founded in 1935 and is located in Los Angeles, California. The school was originally named the College of Business Administration and … …
What is Political Economy? Political economy is a multidisciplinary field that combines elements of economics, political science, and sociology to study the interaction between politics and economics. It seeks to understand how political institutions, policies, and processes shape economic outcomes and vice versa. Interdisciplinary Approach Political economy takes an interdisciplinary … …
Married Filing Separately Explained: How It Works and Its Benefits Married filing separately is a tax filing status that allows married couples to file their tax returns separately rather than jointly. While most couples choose to file jointly, there are certain situations where filing separately can be beneficial. When you … …
Portfolio Management: A Comprehensive Guide Definition of Portfolio Management Portfolio management refers to the process of managing a portfolio of investments to maximize returns while minimizing risks. It involves making informed decisions about asset allocation, diversification, and rebalancing to achieve the desired investment objectives. Types of Portfolio Management There are … …
What is Price Value of a Basis Point (PVBP) and How It is Used in Fixed Income Definition of Price Value of a Basis Point (PVBP) The PVBP is calculated by taking the derivative of the bond’s price with respect to its yield, multiplied by the bond’s face value. Mathematically, … …
What is Simple Moving Average (SMA)? A Simple Moving Average (SMA) is a widely used technical analysis tool that helps traders and investors identify trends and potential price reversals in financial markets. It is a calculation that provides an average price over a specific period of time, smoothing out short-term … …
Futures and Commodities Trading Futures and commodities trading is a popular investment strategy that involves buying and selling contracts for future delivery of a specific commodity or financial instrument. This type of trading allows investors to speculate on the price movements of various assets, including commodities such as oil, gold, … …
Series 9/10 Exam: Overview, Sample Questions, Similar Tests [FINRA EXAMS catname] The Series 9/10 Exam is a comprehensive examination administered by the Financial Industry Regulatory Authority (FINRA). It is designed for individuals who wish to become registered as general securities sales supervisors. This exam is commonly taken by individuals who … …
What are Overfunded Pension Plans? An overfunded pension plan is a type of retirement plan where the assets held by the plan exceed the amount of money needed to pay out the promised benefits to retirees. In other words, the plan has more money than it needs to fulfill its … …
What is Accounts Payable? Accounts Payable is a term used in accounting to refer to the money owed by a business to its suppliers or vendors for goods or services that have been received but not yet paid for. It represents a liability for the business and is recorded on … …
What is ISO? The International Organization for Standardization (ISO) is an independent, non-governmental international organization that develops and publishes standards to ensure the quality, safety, and efficiency of products, services, and systems. It was established in 1947 and is headquartered in Geneva, Switzerland. ISO standards are developed through a consensus-based … …
Publicly Traded Company: Definition and Functionality Publicly traded companies often have a large number of shareholders, ranging from individual retail investors to institutional investors such as mutual funds, pension funds, and hedge funds. These shareholders have the potential to earn returns on their investment through dividends, which are a portion … …
What are Terms of Employment? Terms of employment refer to the conditions and provisions that are agreed upon between an employer and an employee. These terms outline the rights, responsibilities, and obligations of both parties during the course of employment. Terms of employment can cover a wide range of aspects, … …
What is Trade Finance? Trade finance is a crucial aspect of international trade that involves various financial instruments and products to facilitate smooth transactions between importers and exporters. It provides the necessary funding and risk mitigation tools to ensure the timely and secure movement of goods and services across borders. … …
Negotiable Order of Withdrawal Account: An Overview A Negotiable Order of Withdrawal (NOW) account is a type of savings account that allows the account holder to write checks against the balance. It combines the features of a traditional savings account and a checking account, providing the convenience of check-writing with … …
Definition, Historical Background, and Significance The concept of the Old Economy refers to traditional industries and sectors that have been established for a long time and have not experienced significant technological advancements or disruptions. These industries rely on traditional business models and often have a stable employment structure. The term … …
Tax Reform Act of 1986: Overview The main objective of the Tax Reform Act of 1986 was to simplify the tax code and reduce tax rates. It aimed to create a fairer and more efficient tax system by eliminating loopholes and deductions that favored certain industries or individuals. Key Changes … …
What is Hyperledger Sawtooth? Hyperledger Sawtooth is an open-source blockchain platform that provides a modular and scalable solution for building, deploying, and managing distributed ledger applications. It is one of the projects under the Hyperledger umbrella, which is an open-source collaborative effort hosted by The Linux Foundation. Sawtooth aims to … …
Trademark Definition and Examples A trademark is a symbol, word, phrase, design, or combination of these elements that distinguishes and identifies the source of goods or services of one party from those of others. It serves as a unique identifier and helps consumers recognize and associate products or services with … …
Overshooting in Economics: Definition, Mechanism, and Historical Overview Overshooting in economics refers to a phenomenon where the value of a variable, such as an exchange rate or a price level, temporarily moves beyond its long-run equilibrium level before eventually returning to it. This concept was first introduced by economist Rudi … …
Ratchet Effect Definition and Examples in Economics The ratchet effect is a phenomenon in economics where certain economic variables or prices only move in one direction, typically upward, and do not revert back to their original levels even when the underlying conditions that caused the increase have changed. This effect … …
What is Ultimate Net Loss? Ultimate Net Loss is a crucial concept in the field of corporate insurance. It refers to the total amount of money that an insurance company is liable to pay out for a particular claim or series of claims. In simpler terms, it is the final … …
Landlord Duties and Responsibilities Being a landlord comes with a set of duties and responsibilities that are important to understand in order to effectively manage rental properties. These responsibilities can vary depending on local laws and regulations, but there are some common duties that landlords are typically responsible for: 1. … …
S&P GSCI Definition The S&P GSCI (Standard & Poor’s Goldman Sachs Commodity Index) is a widely recognized benchmark index that measures the performance of a diversified basket of commodities. It is designed to provide investors with a comprehensive view of the commodity market and is often used as a reference … …
What is a Quiet Period in Stocks? The purpose of a quiet period is to prevent companies from selectively disclosing information that could give certain investors an unfair advantage over others. By imposing a quiet period, all investors have equal access to information and can make informed decisions based on … …
Components of Aggregate Demand 1. Consumption Consumption is the largest component of aggregate demand and represents the spending by households on goods and services. It includes purchases of durable goods (such as cars and appliances), non-durable goods (such as food and clothing), and services (such as healthcare and education). Consumption … …
The Oracle of Omaha: Warren Buffett’s Path to Wealth Buffett was born in Omaha, Nebraska in 1930 and showed an early interest in business and investing. He started his first business at the age of 13, delivering newspapers, and by the time he was in high school, he was already … …
Regulation DD Explained: Everything You Need to Know Under Regulation DD, financial institutions are required to provide consumers with disclosures that outline the key terms and fees associated with their deposit accounts. These disclosures must be provided in a clear and conspicuous manner, allowing consumers to easily understand the costs … …