Current Maturity Definition.

The current maturity definition is the date on which the final payment of principal and interest is due. This date is typically set at the time the security is issued, and is known as the maturity date. The current maturity definition may also include a call provision, which gives the issuer the right to call … Read more

Above Full Employment Equilibrium Definition.

In macroeconomics, above full employment equilibrium is a situation in which there is more demand for goods and services than there is available supply in the economy. This results in inflationary pressures as businesses attempt to increase prices in order to meet the increased demand. Above full employment equilibrium is also sometimes referred to as … Read more

What Is Travel Insurance?

Travel insurance is a type of insurance that covers the medical and financial expenses that may be incurred while traveling. It is designed to protect travelers in the event of an emergency, such as an accident or illness. Travel insurance may also provide coverage for lost or stolen luggage, trip cancellation, and delays. What does … Read more