Health Savings Account (HSA)
What is a 'Health Savings Account - HSA' A Health Savings Account (HSA) is an account created for individuals who are covered under high-deductible health plans (HDHPs) to save for medical expenses that HDHPs do not cover. Contributions are made into the account by the individual or the individual's employer and are limited to a maximum amount...
Heatmap
DefinitionA heat map is a graphical representation of data where the individual values contained in a matrix are represented as colors. "Heat map" is a newer term but shading matrices have existed for over a century. Heatmap What is 'Heatmap' A visual representation of data using colors. A heatmap can be used with all sorts of data,...
Half-Year Convention For Depreciation
What is the 'Half-Year Convention For Depreciation' When it comes to depreciation, the half-year convention refers to the depreciation schedule that considers all property purchased throughout the year as if it were bought precisely at the halfway point of the year. The result is that only half of the total full-year depreciation is permitted in the first year, with the...
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 appropriate prices for securities that are sensitive to changes in interest rates. Next Up Model Risk Multistage Dividend Discount Model Interest Sensitive Stock Hull–White Model Explaining 'Heath-Jarrow-Morton Model - HJM Model' The...
Healthcare Power Of Attorney (HCPA)
What is Healthcare Power Of Attorney A healthcare power of attorney (POA) is a legal document that gives someone else the authority to make decisions about your healthcare in the event that you are unable to do so yourself. This could be due to an accident or illness, or simply because you are under anesthesia during a medical procedure. A...
Hard Money
What is 'Hard Money' Hard money consists of funding by a government or organization that is repetitive, rather than a one-time grant. Examples include ongoing government daycare subsidies or firms that pay annual scholarships to post-secondary students. 2. Describes gold/silver/platinum (bullion) coins. A government that uses a hard money policy backs the value of the currency...
Health Maintenance Organization (HMO)
DefinitionIn the United States, a health maintenance organization is a medical insurance group that provides health services for a fixed annual fee. It is an organization that provides or arranges managed care for health insurance, self-funded health care benefit plans, individuals, and other entities, acting as a liaison with health care providers on a prepaid basis. The Health Maintenance...
Hard Landing
What is 'Hard Landing' An economic state wherein the economy is slowing down sharply or is tipped into outright recession after a period of rapid growth, due to government attempts to rein in inflation. A hard landing may be the undesirable consequence of efforts by a nation's central bank to tighten monetary policy, so as to slow...
Harry Potter Stock Index
What is 'Harry Potter Stock Index' A collection of stocks from companies related to the "Harry Potter" series franchise. Created by StockPickr, this index seeks to capture some of Harry Potter's success by investing in selected movie producers, merchandisers and advertisers currently associated with the franchise. Explaining 'Harry Potter Stock Index' The Harry Potter...
Hard Dollars
What are hard dollars Hard dollars are funds that are specifically designated for a particular purpose. In business, hard dollars usually refer to expenditures that can be directly linked to revenue generation. For example, if a company spends money on advertising, the resulting increase in sales can be considered a hard dollar benefit. Hard dollars can also include expenses that save...