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16 Results for 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 satisfacti

One Percent Rule

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 property will exceed that property's monthly mortgage pa

Sanku (Three Gaps) Pattern

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 well-defined trend. Afte

Back-Of-The-Envelope Calculation

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-env

Pass-Through Security

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 collects the mont

Pareto Improvement

DefinitionPareto efficiency or Pareto optimality is a state of allocation of resources from which it is impossible to reallocate so as to make any one individual or preference criterion bett

Family Income Rider

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 to the policyholder's monthly income if

Wealth Added Index (WAI)

Wealth Added Index (WAI) What is 'Wealth Added Index - WAI' A metric designed by Stern Stewart & Co consulting firm that attempts to measure wealth created (or destroyed) for sharehold

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, ownership of unincorporated businesses,

Gap Amount

Gap Amount What is 'Gap Amount' Insurance will only cover a certain amount of coverage if leased items are stolen or totaled. There is often a difference between the amount the insurance c
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