What Is Arc Elasticity?
If you've ever wanted to know the relationship between two variables, then you have likely heard of the concept of arc elasticity. It is a measure of one variable's sensitivity to a change in another. The...
What is a Notice to Creditors and what does it mean for you
A notice to creditors is a public announcement that a person has died. The notice allows creditors to make claims against the estate for owed money. If...
Grantor Trust Rules and Exceptions
The grantor trust rules apply only to the transfer of property from one party to another. If you have a grantor trust, you can elect for a successor trustee to take over the property in...
What is organizational economics and what does it study
Organizational economics is a branch of economics that studies how individuals and firms interact within the context of organizations such as corporations, partnerships, and Sole proprietorships. It also studies how these...
The Merton Model and Its Benefits
The Merton model is a classic financial model that combines the concepts of volatility and probability to predict the future of an investment. The Merton model has been used in financial markets for over...
What is horizontal acquisition
Horizontal acquisition is the purchase of a company that operates in the same industry as the acquirer. The main motivation for this type of acquisition is to gain market share or achieve economies of scale. For...
What is the Unified Tax Credit
The Unified Tax Credit (UTC) is a way for the government to provide tax relief to low- and middle-income families. The credit is based on the amount of taxes owed, and it is available...
What is Asset Coverage Ratio?
The Asset Coverage Ratio is a financial ratio that measures the extent to which a company's assets cover its liabilities. In other words, it is a measure of a company's financial strength and ability to...
What is a Deed of Release
A deed of release is a legal document that confirms that a person has received payment or satisfaction for a debt or obligation. The deed of release can be used to settle any type...
What is an unrealized loss
An unrealized loss is a decrease in the value of an asset that has not yet been sold. The term is typically used in reference to investments, such as stocks, bonds, or real estate. unrealized...