Tag: applied

Killer Application

DefinitionIn marketing terminology, a killer application is any computer program that is so necessary or desirable that it proves the core value of some...

Hyperinflation

DefinitionIn economics, hyperinflation is very high and typically accelerating inflation. It quickly erodes the real value of the currency, as the prices of most...

Yearly Probability Of Living

Yearly Probability Of Living What is 'Yearly Probability Of Living ' A numerical figure that depicts the likelihood of someone living...

Implied Authority

DefinitionImplied Authority of Contract is a legal term. In contract law, it is the implied ability of an individual to make a legally binding...

Immunization

DefinitionImmunization, or immunisation, is the process by which an individual's immune system becomes fortified against an agent. Immunization What is 'Immunization' Immunization,...

Illegal Dividend

Illegal Dividend What is 'Illegal Dividend' A dividend declared by a corporation that is in violation of its charter and/or of state...

In-House Financing

In-House Financing What is 'In-House Financing' In-house financing is a type of seller financing in which a firm extends customers a loan,...

Manager Of Managers (MOM)

Manager Of Managers (MOM) What is 'Manager Of Managers - MOM' A class of financial intermediary that hires professional investment managers to...

Manual Execution

Manual Execution What is 'Manual Execution' A method of trading with the help of a dealer or broker, versus trading automatically. Manual...

Make-Or-Buy Decision

Make-Or-Buy Decision What is a 'Make-Or-Buy Decision' A make-or-buy decision is the act of choosing between manufacturing a product in-house or purchasing...

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