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Lawrence Ellison

DefinitionLawrence Joseph Ellison is an American businessman, entrepreneur, and philanthropist who is co-founder, executive chairman and chief technology officer of Oracle Corporation. As of...

Same Property Rule

What is 'Same Property Rule' A regulation relating to IRA rollovers stipulating that whenever a financial asset is withdrawn from a retirement...
AARP

AARP

What is AARP and what do they offer The American Association of Retired Persons, or AARP, is a nonprofit organization that provides benefits and discounts...

Jackpot

What is 'Jackpot' A jackpot is the top prize in a game of chance; jackpots can be anything, including money, cars and...

What Is Planned Obsolescence

DefinitionIn economics and industrial design, planned obsolescence is a policy of planning or designing a product with an artificially limited useful life, so that...

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