Tag: 2008

Mancession

What is 'Mancession' An economic instance in which the unemployment rate is substantially higher among men than it is among women. The...

Malfeasance

DefinitionMisfeasance, nonfeasance, and malfeasance are types of failure to discharge public obligations existing by common law, custom, or statute. Malfeasance What is 'Malfeasance'...

Main Street

What does 'Main Street' mean Main street is a colloquial term used to refer to individual investors, employees and the overall economy....

Major Fraud Act Of 1988

What is 'Major Fraud Act Of 1988' A piece of legislation passed during the Reagan administration that modified and strengthened previous fraud...

Reaffirmation

What is 'Reaffirmation' An agreement made between a debtor and a creditor to repay some or all of a debt. Reaffirmations are...

Rebalancing

Rebalancing is realigning the weightings of portfolio of assets, so a person may buy or sell their assets in their portfolio to maintain level...

Savings And Loan Crisis (S&L)

What is the 'Savings And Loan Crisis - S&L' The Savings and Loan (S&L) Crisis began under the volatile interest rate climate...

Backdating

DefinitionOptions backdating is the practice of altering the date a stock option was granted, to a usually earlier date at which the underlying stock...

Black Swan

Black Swan Events or happenings can be best described as unforeseen, rare, and out of control from normal circumstances, which occur beyond expectations and...

Bailout Bond

What is 'Bailout Bond' A debt security issued by the Resolution Funding Corporation to bail out the savings and loan associations during...

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