Tag: updates
Killer Application
DefinitionIn marketing terminology, a killer application is any computer program that is so necessary or desirable that it proves the core value of some...
Kiwi
What is 'Kiwi' A slang term for the New Zealand dollar (NZD). It derives its name from New Zealand's national icon -...
Heavy Industry
What is Heavy Industry
Heavy industry is a category of manufacturing that involves the production of large, bulky products such as cars, trains, ships, and...
National Stock Exchange
What is 'National Stock Exchange' The first stock exchange in America that was completely electronically automated. All members of the exchange are...
Office Of The Superintendent Of Financial Institutions (OSFI)
What is 'Office Of The Superintendent Of Financial Institutions - OSFI' An independent agency responsible for the regulation of banks, insurance companies,...
One-Child Policy
DefinitionThe one-child policy, a part of the family planning policy, was a population planning policy of China. It was introduced in 1979 and began...
Absolute Return
What is 'Absolute Return'
Absolute return is the return that an asset achieves over a certain period of time. This measure looks at the appreciation...
Qualified Disclaimer
What is 'Qualified Disclaimer' A refusal to accept property that meets with provisions set forth in the Internal Revenue Code Tax Reform...
Wage-Price Spiral
What is 'Wage-Price Spiral' The wage-price spiral is a macroeconomic theory used to explain the cause-and-effect relationship between rising wages and rising...
Dead Presidents
What is 'Dead Presidents' Slang referring to U.S. paper currency. Dead presidents can refer to any unit of currency, but most often...