Loss Payee
What is a loss payee
A loss payee is a party who is entitled to receive payment from an insurance company in the event of...
DI Wire Blog
The DI Wire is a dedicated platform that provides accurate and timely information for the advisor-sold non-traded direct investment industry. Our news publications are...
Dry Powder
What is dry powder?
Historically, dry powder was the name given to a type of liquid asset that could be used for various purposes. Various...
Homo Economicus
What is Homo Economicus
Homo economicus is a term that is used to describe the hypothetical perfect rational economic actor. This individual makes decisions based...
Inferior Goods Definition
What are Inferior goods
Inferior goods are items that see a decrease in demand when there is an increase in income. This occurs because as...
How to Trade a Butterfly Spread
How to Trade a Butterfly Spread
A simple and effective option strategy, a butterfly spread is designed to earn limited profit when future volatility is...
Unintentional Tort
What is an unintentional tort
An unintentional tort is a civil wrong that occurs when someone accidentally causes harm to another person or their property....
Understanding the Consumption Function
Consumption Function
The consumption function is an economic theory that describes the relationship between consumption and disposable income. It is believed to have been introduced...
Subordinated Debt
Subordinated Debt
Subordinated debt is a type of debt that ranks after other debts in the case of a company's bankruptcy. This debt is a...
Letter of Guarantee
What is a Letter of Guarantee
A letter of guarantee is used to provide assurance that the terms of a contract will be met. This...