Tag: professor

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

DefinitionBailment describes a legal relationship in common law where physical possession of personal property, or a chattel, is transferred from one person to another...

DefinitionBacktesting is a term used in modeling to refer to testing a predictive model on historical data. Backtesting is a type of retrodiction, and...

What is a 'Call Protection' A call protection is a protective provision of a callable security prohibiting the issuer from calling back...

DefinitionThe term patent cliff refers to the phenomenon of patent expiration dates and an abrupt drop in sales that follows for a group of...

DefinitionHarvard Business School is the graduate business school of Harvard University in Boston, Massachusetts. The school offers a large full-time MBA program, doctoral programs,...

What is 'Paper Millionaire' An individual who has achieved a high net worth as a result of the large total market value...

What is 'Quick-Rinse Bankruptcy' A bankruptcy proceeding that is structured to move through legal proceedings faster than the average bankruptcy. The term...

What is a Quiet Title Action A quiet title action is a legal proceeding used to establish the ownership of real estate when there are...

What is 'Vanishing Premium Policy' A vanishing premium policy is a form of participating whole life insurance where the policyholder can use...