Category: Economics
Long-term care (LTC) insurance is an essential financial product designed to help individuals, particularly those aged 65 or older or those with chronic illnesses, manage the expenses associated with...
Category: Economics
Activity-Based Management (ABM) is an essential management approach that focuses on examining the profitability of every facet of a business, allowing companies to enhance strengths and address weakn...
Category: Economics
## Introduction The equity risk premium is a crucial concept in investment finance that denotes the excess return an investor can expect from investing in the stock market over a risk-free rate. Thi...
Category: Economics
Unsystematic risk, often referred to as non-systematic risk, specific risk, diversifiable risk, or residual risk, is the risk that is unique to a specific company, industry or economic sector. This t...
Category: Economics
A **bond** is a financial instrument classified as a fixed-income product. It represents an agreement where investors lend money to a government, municipality, or corporation in exchange for periodic...
Category: Economics
## What Is a Junior Company? A junior company is typically a small-cap business that is actively developing, or in the pursuit of developing, a natural resource deposit or field, such as minerals, o...
Category: Economics
The Consolidated Omnibus Budget Reconciliation Act, commonly referred to as COBRA, is a significant piece of legislation in the United States that was enacted in 1985. This law allows employees and t...
Category: Economics
## What Is a Wrongful Termination Claim? A **wrongful termination claim** is a legal recourse taken by an individual who believes they have been unlawfully or unjustly dismissed from their job. Thes...
Category: Economics
### Introduction In the landscape of finance and investing, a **Minsky moment** serves as a critical warning against the cyclical nature of market conditions. Named after economist Hyman Minsky (191...
Category: Economics
A centrally planned economy, also known as a command economy, is an economic system in which a government body or central authority makes critical decisions regarding the production, pricing, and dis...