What Does Skin in the Game Mean?

The term “skin in the game” is a common expression used to describe someone who has a personal stake in the outcome of a situation. In business, it is often used to describe a situation where the person making a decision has something to lose or gain from the outcome. For example, if a company … Read more

Receive Versus Payment (RVP).

Receive versus payment (RVP) is a method of securities settlement in which securities are delivered to the buyer on the same day that payment is received from the seller. This method of settlement is used in many parts of the world, including the United States. RVP is considered to be a safer and more efficient … Read more

What is the poverty trap?

The concept of "poverty trap" is a very common mechanism among developing countries, since there are a series of social factors, economic and conjunctural that make economic development of these nations impossible and plunge them into a self-maintained state of poverty. But what exactly does the poverty trap consist of and what are the factors … Read more