Tag: economic
What is the Pareto Principle?
Definition
The Pareto principle states that, for many events, roughly 80% of the effects come from 20% of the causes. Management consultant Joseph M. Juran...
Obsolescence Risk
What is 'Obsolescence Risk' The risk that a process, product or technology used or produced by a company for profit will become...
Baby Bond
What is 'Baby Bond' Fixed income securities issued in small denominations, generally with a maximum face value of $5,000. The small denominations...
IDC Deposits
What is 'IDC Deposits' IDC Deposits Corp. oversees the MMAX (Money Market Account Extra) program which provides depositors with an efficient way...
Paid In Capital
DefinitionPaid in capital refers to capital contributed to a corporation by investors through purchase of stock from the corporation. It includes share capital as...
Valuable Papers Insurance
What is 'Valuable Papers Insurance' A special type of property-casualty insurance. Valuable papers insurance will reimburse the policyholder for the monetary value...
Occupational Labor Mobility
What is 'Occupational Labor Mobility' Refers to the ease with which workers can switch career fields to find gainful employment or meet...
Rabbi Trust
What is 'Rabbi Trust'
A rabbi trust is a type of trust that is typically used by employers to hold retirement benefits for their employees....
A Priori Probability
What is 'A Priori Probability' A priori probability is a probability calculated by logically examining existing information. A priori probability can most...
Daily Money Manger – DMM
What is 'Daily Money Manager - DMM' A person who takes over the day-to-day financial tasks for those who are unable to...