Tag: ideas

Wasting Trust

What is 'Wasting Trust' A trust that holds plan assets when a qualified plan is frozen. A "wasting trust" derives its name...

Generation Gap

What is a 'Generation Gap' A generation gap consists of the differences in opinions expressed by members of two different generations. More...

Gap Insurance

DefinitionGuaranteed Auto Protection insurance was established in the North American financial industry. GAP insurance is the difference between the actual cash value of a...

Gap Risk

What is 'Gap Risk' The risk that an investment's price will change from one level to another with no trading in between....

Dear Money

What is 'Dear Money' A situation in which money or loans are very difficult to obtain in a given country. If you...

David Ricardo

DefinitionDavid Ricardo was a British political economist, one of the most influential of the classical economists along with Thomas Malthus, Adam Smith and James...

Unauthorized Insurance

What is 'Unauthorized Insurance' A phony plan that claims to provide financial protection against unforeseen and potentially catastrophic events. Unauthorized insurance is...

Kenneth Arrow

DefinitionKenneth Joseph "Ken" Arrow was an American economist, mathematician, writer, and political theorist. He was the joint winner of the Nobel Memorial Prize in...

Magic Formula Investing

DefinitionMagic formula investing is a term referring to an investment technique outlined by Joel Greenblatt that uses the principles of value investing. Magic Formula...

Back Of The Napkin Business Model

What is 'Back Of The Napkin Business Model' A slang term that refers to the representation of the basic components of a...

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