Tag: inequality
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...
One Percent Rule
What is 'One Percent Rule' A rule of thumb used to determine if the monthly rent earned from a piece of investment...
Sanku (Three Gaps) Pattern
What is 'Sanku (Three Gaps) Pattern' The Japanese word for a candlestick pattern that consists of three individual gaps located within a...
Back-Of-The-Envelope Calculation
What is 'Back-Of-The-Envelope Calculation' An informal mathematical computation, often performed on a scrap of paper such as an envelope. A back-of-the-envelope calculation...
Pass-Through Security
What is 'Pass-Through Security' A pass-through security is a pool of fixed-income securities backed by a package of assets. A servicing intermediary...
Pareto Improvement
What is Pareto Improvement
Pareto Improvement is defined as a change to a situation which results in one person becoming better off without anyone else...
Family Income Rider
What is 'Family Income Rider' An addition to a life insurance policy that provides the beneficiary with an amount of money equal...
Wealth Added Index (WAI)
What is 'Wealth Added Index - WAI' A metric designed by Stern Stewart & Co consulting firm that attempts to measure wealth...
Wealth Tax
DefinitionA wealth tax is a levy on the total value of personal assets, including: bank deposits, real estate, assets in insurance and pension plans,...
Gap Amount
What is 'Gap Amount' Insurance will only cover a certain amount of coverage if leased items are stolen or totaled. There is...