Category: Economics
The Emergency Banking Act of 1933 was a landmark piece of legislation designed to stabilize the American banking system during one of the darkest periods in U.S. economic history, the Great Depressio...
Category: Economics
A **zombie bank** refers to a financial institution that is insolvent but continues to operate due to explicit or implicit support from the government. This situation arises when a bank holds large a...
Category: Economics
Ad valorem tax, derived from the Latin phrase meaning "according to value," refers to a system of taxation based on the assessed value of property or goods. This article aims to elaborate on the prin...
Category: Economics
Normal distribution, frequently referred to as the Gaussian distribution, is a cornerstone concept in statistics and probability theory. It plays a crucial role not only in theoretical mathematics bu...
Category: Economics
## Overview of the 412(i) Plan The 412(i) plan was a defined-benefit pension plan specifically designed for small business owners in the United States. This tax-qualified plan allowed companies to c...
Category: Economics
## What Is a Bull Market? A **bull market** refers to a financial market characterized by rising prices or anticipated increases in prices. While this term is primarily associated with the **stock m...
Category: Economics
When navigating the complex world of options trading, it's essential to understand the terminology that governs market movements and pricing. One such term is "near the money," which plays a signific...
Category: Economics
## What Is a Home Office? A home office is a dedicated space within a person’s residence designed for business activities. This adaptable area allows individuals who are self-employed or remote work...
Category: Economics
In the world of trading and investing, precise control over entry and exit points is vital. One of the essential tools that investors have at their disposal is the **buy limit order**. In this articl...
Category: Economics
Hotelling's theory, commonly referred to as Hotelling's rule, presents a compelling framework for understanding how owners of nonrenewable resources make decisions regarding extraction and sales in r...