Tag: alternative
What Are Alternative Investments And How Are They Useful
What are alternative investments? Many people have heard the term, but don't know what it means. Alternative investments are assets that are not stocks,...
Hawala
What is hawala
Hawala is an informal value transfer system that is often used in countries where formal banking systems are not well developed. Under...
Idle Time
What is 'Idle Time' Idle time is unproductive time on the part of employees or machines as a result of factors beyond...
Oliver E. Williamson
DefinitionOliver Eaton Williamson is an American economist, a professor at the University of California, Berkeley, and recipient of the 2009 Nobel Memorial Prize in...
Generational Accounting
DefinitionGenerational accounting is a method of measuring the fiscal burdens facing today's and tomorrow's children. Laurence Kotlikoff's individual and co-authored work on the relativity...
Takaful
DefinitionTakaful is a co-operative system of reimbursement or repayment in case of loss, organized as an Islamic or sharia compliant alternative to conventional insurance,...
Underbanked
DefinitionThe underbanked is a characteristic describing people or organizations who do not have sufficient access to mainstream financial services and products typically offered by...
Unbanked
DefinitionThe unbanked are adults who do not have their own bank accounts. Along with the underbanked, they may rely on alternative financial services for...
Undertakings For The Collective Investment Of Transferable Securities (UCITS)
What is the 'Undertakings For The Collective Investment Of Transferable Securities - UCITS' The Undertakings for the Collective Investment of Transferable Securities...
Hedge Fund
DefinitionA hedge fund is an investment fund that pools capital from accredited individuals or institutional investors and invests in a variety of assets, often...