DefinitionKey employee, in U.S. Internal Revenue Service terminology, is an employee classification used when determining if company-sponsored qualified retirement plans, including 401 defin

DefinitionIn mathematics, the harmonic mean is one of several kinds of average, and in particular one of the Pythagorean means. Typically, it is appropriate for situations when the average o

Yearly Probability Of Dying What is 'Yearly Probability Of Dying' A numerical figure that depicts the likelihood of someone dying per year. The yearly probability of dying is determined by

Yearly Probability Of Living What is 'Yearly Probability Of Living ' A numerical figure that depicts the likelihood of someone living per year. The yearly probability of living is determi

DefinitionA variety of measures of national income and output are used in economics to estimate total economic activity in a country or region, including gross domestic product, gross nation

DefinitionMichael Porter's National Diamond framework resulted from a study of patterns of comparative advantage among industrialized nations. It works to integrate much of Porter's previous

Manual Trading What is 'Manual Trading' A trading system that involves human decision-making for entering and exiting trades. This is in contrast to automatic trading, which employs progra

Real Economic Growth Rate What is the 'Real Economic Growth Rate' The real economic growth rate measures economic growth, in relation to gross domestic product (GDP), from one period to an