Tag: history

Absorbed

What is 'Absorbed' 1. In a general business sense, when a cost is treated as an expense instead of being passed on...

Federal Deposit Insurance Corporation (FDIC)

What is the 'Federal Deposit Insurance Corporation - FDIC' The Federal Deposit Insurance Corporation (FDIC) is the U.S. corporation insuring deposits in...

Absolute Return Index

What is 'Absolute Return Index' A stock index designed to measure absolute returns. The absolute return index is actually a composite index...

Junk Bond

A non-investment grade or high yield bond is referred to as a junk bond. As the name suggests, these bonds have a credit rating...
John Hicks

John R. Hicks

Who was John Hicks? John Hicks was a British economist who was awarded the Nobel Prize in Economics in 1972. He is best known for...

John Maynard Keynes

DefinitionJohn Maynard Keynes, 1st Baron Keynes, was a British economist whose ideas fundamentally changed the theory and practice of macroeconomics and the economic policies...

James P. Mooney

What is 'James P. Mooney' A former chairman and CEO of OM Group. Born in 1947 in Ohio, Mooney began his career...

Jeffrey Sachs

DefinitionJeffrey David Sachs is an American economist and director of the Earth Institute at Columbia University, where he holds the title of University Professor,...

Jerome Kerviel

DefinitionJérôme Kerviel is a French trader who was convicted in the 2008 Société Générale trading loss for breach of trust, forgery and unauthorized use...

John Stuart Mill

DefinitionJohn Stuart Mill, also known as J.S. Mill, was a British philosopher, political economist, and civil servant. One of the most influential thinkers in...

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