Tag: wealth
T Distribution
What is 'T Distribution' A type of probability distribution that is theoretical and resembles a normal distribution. A T distribution differs from...
C-Note – What is a C Note Money
What does a C note mean and where does the term come from
A C-note is a common slang term for a $100 bill. The...
What is the Pareto Principle?
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...
Baby Bond
What is 'Baby Bond' Fixed income securities issued in small denominations, generally with a maximum face value of $5,000. The small denominations...
Jacob Schiff
DefinitionJacob Henry Schiff was a Jewish-American banker, businessman, and philanthropist. Among many other things, he helped finance the expansion of American railroads and the...
Baby Boomer
What are baby boomers and what generation do they belong to
A baby boomer is a person who was born between 1946 and 1964. So,...
Baby Berkshire
What is 'Baby Berkshire' Baby Berkshire refers to the 50:1 stock split after the market close on January 20th, 2010 by Berkshire...