Category: Economics
In finance, the term **jitney** can refer to two distinct concepts: a type of broker and a form of market manipulation. While the first meaning is largely neutral and legitimate, the second carries s...
Category: Economics
The concept of yield basis is fundamental for investors in fixed-income securities, such as bonds. It provides a method to assess the value of bonds in a manner that facilitates easy comparison betwe...
Category: Economics
Homo economicus, often referred to as “economic man,” is a pivotal concept within the realm of economics and is grounded in the idea that individuals act rationally when making decisions based on sel...
Category: Economics
Minimum wage is a fundamental component of labor law, representing the legal minimum hourly pay that a worker can receive. It serves as a protective measure for workers, ensuring that employees are c...
Category: Economics
Convexity is a critical concept in the realm of fixed-income securities, particularly bonds. It serves to enhance our understanding of the intricate relationship between bond prices and bond yields. ...
Category: Economics
The **Internal Revenue Service** (IRS) is a key division of the U.S. Treasury Department that plays a vital role in the financial framework of the United States. Tasked with enforcing the Internal Re...
Category: Economics
The treasury stock method is a crucial financial metric that helps companies assess potential dilution of investor equity in the context of earnings per share (EPS). It is particularly relevant for f...
Category: Economics
Return on Assets (ROA) is a critical financial metric that provides insight into a company's profitability in relation to its total assets. By measuring how efficiently a company utilizes its assets ...
Category: Economics
The Government National Mortgage Association, commonly referred to as Ginnie Mae, plays a pivotal role in the American housing finance system. As a federal government corporation, Ginnie Mae guarante...
Category: Economics
## What Is Main Street? Main Street is a term widely recognized by economists and business enthusiasts as a representation of America's independent small businesses, reflecting the vital role they p...