DefinitionKiasu is a Hokkien word that means a grasping, selfish attitude. Kiasu What is 'Kiasu' A Chinese adjective used to describe a person's fear of losing out (to someone else). Kiasu

DefinitionThe economics of happiness or happiness economics is the quantitative and theoretical study of happiness, positive and negative affect, well-being, quality of life, life satisfacti

Magnetic Ink Character Recognition Line (MICR) What is 'Magnetic Ink Character Recognition Line - MICR' The information that appears at the bottom of a check that includes the bank's routi

Management Discussion and Analysis (MD&A) What is the 'Management Discussion and Analysis - MD&A' Management discussion and analysis (MD&A) is the section of a company's annual report

Bad Paper What is 'Bad Paper' Unsecured short-term fixed income instrument that is issued either by a corporation, city, state or country, that has a high probability of defaulting on thei

DefinitionA payday loan is a small, short-term unsecured loan, "regardless of whether repayment of loans is linked to a borrower's payday." The loans are also sometimes referred to as "cash

DefinitionA Venn diagram is a diagram that shows all possible logical relations between a finite collection of different sets. These diagrams depict elements as points in the plane, and sets

Vault Receipt What is 'Vault Receipt' A document frequently used as a delivery instrument to indicate ownership of precious metals stored in a bank, warehouse, or depository. Also known as

Fake Claims What is 'Fake Claims' The term fake claims refers to insurance claims that are made fraudulently. These claims are made in an attempt for the policy holder to benefit financial

Tape Reading What is 'Tape Reading' An old investing technique used by day traders to analyze the price and volume of a particular stock in order to execute profitable trades. Tape reading