Tag: problem

What is 'Pale Recession' A phrase used in May 2008 by former Federal Reserve Board Chairman Alan Greenspan to describe an economic...

DefinitionPareto analysis is a formal technique useful where many possible courses of action are competing for attention. In essence, the problem-solver estimates the benefit...

DefinitionA wealth tax is a levy on the total value of personal assets, including: bank deposits, real estate, assets in insurance and pension plans,...

DefinitionIn underconsumption theory in economics, recessions and stagnation arise due to inadequate consumer demand relative to the amount produced. It means that there is...

DefinitionUnderemployment is the under-use of a worker due to a job that does not use the worker's skills, or is part time, or leaves...

What is underinsurance and why do people buy it Underinsurance is insurance that does not cover the full value of an insured asset. For example,...

What is an underfunded pension plan and how does it happen An underfunded pension plan happens when a company doesn't have enough money set aside...

DefinitionIn finance, the acid-test or quick ratio or liquidity ratio measures the ability of a company to use its near cash or quick assets...

DefinitionThe last mile or last kilometer is a colloquial phrase widely used in the telecommunications, cable television and internet industries to refer to the...

Being a landlord can be a very profitable business venture, but it also comes with a lot of responsibility. In this blog post, we...