What is 'Backup Withholding'
Backup withholding is the tax that is levied on investment income, at an established tax rate, as the investor withdraws it....
DefinitionIn probability theory, the law of large numbers is a theorem that describes the result of performing the same experiment a large number of...
What is 'Radner Equilibrium' A theory suggesting that if economic decision makers have unlimited computational capacity for choice among strategies, then even...
Definition
The Pareto principle states that, for many events, roughly 80% of the effects come from 20% of the causes. Management consultant Joseph M. Juran...