Tag: history

DefinitionThe Academy of Accounting Historians, established in 1973, is a non-profit organization of scholars of accounting history. Academy of Accounting Historians What is...

DefinitionThe real bills doctrine asserts that money should be issued in exchange for short-term real bills of adequate value. The doctrine was developed by...

What is the 'Random Walk Theory' The random walk theory suggests that stock price changes have the same distribution and are independent of each other,...

DefinitionA reverse mortgage is a type of home loan for older homeowners that requires no monthly mortgage payments. Borrowers are still responsible for property...

What is a safe asset When it comes to investing, there are many different strategies that can be employed in order to achieve success. Some...

DefinitionBad Credit was a comedy hip hop duo based out of San Diego, California which lasted from 2002 to 2008, fronted by musicians and...

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

A bear market refers to a market in which the prices of securities take a dip resulting in significant losses. It is quite difficult...

DefinitionA market trend is a perceived tendency of financial markets to move in a particular direction over time. These trends are classified as secular...

By definition, credit cards are released by financial companies that allow the customer or holder with the choice of borrowing funds, at the point...