Gross Interest.

Gross interest is the total interest earned on an investment before taxes or other deductions are taken out. For example, if you invest $100 in a savings account that pays 2% interest per year, your gross interest would be $2. After taxes and other deductions are taken out, your net interest would be less than … Read more

CNN Effect Definition.

The “CNN effect” is the phenomenon whereby people’s behavior is influenced by the way in which events are presented in the media. The term was coined in the early 1990s, in relation to the way in which the 24-hour news channel CNN was seen to be influencing the decision-making of US policy-makers during the First … Read more