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Kiasu

DefinitionKiasu is a Hokkien word that means a grasping, selfish attitude. Kiasu What is 'Kiasu' A Chinese adjective used to describe a...

Happiness Economics

DefinitionThe economics of happiness or happiness economics is the quantitative and theoretical study of happiness, positive and negative affect, well-being, quality of life, life...

Heath-Jarrow-Morton Model (HJM Model)

What is 'Heath-Jarrow-Morton Model - HJM Model' A model that applies forward rates to an existing term structure of interest rates to determine...

Handelsgesetzbuch (HGB)

What is 'Handelsgesetzbuch - HGB' A law that governs the primary commercial code for companies in Germany. Included in the law is...

Yo-Yo

DefinitionA yo-yo is a toy consisting of an axle connected to two disks, and a string looped around the axle. It has some similarities...

Young And Wealthy But Normal (YAWN)

What is 'Young And Wealthy But Normal - YAWN' A class of self-made millionaires that live relatively modest lives. Instead of spending...

Yield To Maturity (YTM)

What is 'Yield To Maturity (YTM)' Yield to maturity (YTM) is the total return anticipated on a bond if the bond is...

Yearly Probability Of Living

Yearly Probability Of Living What is 'Yearly Probability Of Living ' A numerical figure that depicts the likelihood of someone living...

Impaired Asset

What is an 'Impaired Asset' An impaired asset is a company's asset that has a market price less than the value listed...

Intrinsic Value

In the market of finance, the term intrinsic value can have two distinct meanings: Intrinsic value, is the difference between the strike price...

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