Bond: Financial Meaning With Examples and How They Are Priced.

Bond: Financial Meaning and Pricing Examples. What is long-term bond? A long-term bond is a debt instrument with a maturity of more than 10 years. Long-term bonds are typically issued by governments and corporations to raise capital for projects with long-term horizons, such as infrastructure development. Long-term bonds typically offer higher yields than shorter-term debt … Read more

What Is an Agent?

Definition, Types of Agents, and Examples. What is an agent? An agent is a person who is authorized to act on behalf of another person or organization. There are different types of agents, including real estate agents, insurance agents, and literary agents. Examples of agents include brokers, salespeople, and representatives. Who is an agent in … Read more

Economy: What It Is, Types of Economies, Economic Indicators.

Economy: What It Is, Types, Indicators What are the 5 economic indicators? 1. Gross domestic product (GDP) 2. Gross national product (GNP) 3. Net national product (NNP) 4. Per capita income 5. Employment What are the 4 levels of inflation? The four levels of inflation are as follows: 1. Cost-push inflation: This occurs when the … Read more

What Is Prima Facie?

The term “prima facie” is a Latin term meaning “on its face” or “at first glance”. In the legal world, it is used to describe a situation where the evidence appears to be sufficient to support a conclusion, but where further investigation may be necessary to confirm the validity of the evidence. Can I work … Read more

How Is Wealth Measured?

How is wealth measured? Wealth, or net worth, is the value of all assets minus the total of all liabilities. In other words, it is what is owned minus what is owed. For individuals, net worth always identifies the negative net worth of a household by subtracting total liabilities from total assets. Individual households have … Read more

Labor Union: Definition, History, and Examples.

Labor Union: What It Is, Its History, and Examples What was the first labor union? The first labor union in the United States was the Philadelphia Carpenters’ Company, established in 1724. The union was formed in response to a wage dispute between the carpenters and their employers. The carpenters went on strike and demanded a … Read more

Trading Plan Definition and Uses.

A trading plan is a written set of guidelines that a trader uses to determine when to buy and sell assets. The plan should include an analysis of the trader’s goals, risk tolerance, and investment horizon. The plan should also outline the trader’s entry and exit criteria for each trade. What is the technical definition … Read more

New Economy.

The New Economy is a term that is used to describe the shift from a traditional, manufacturing-based economy to a more modern, service-based economy. This shift is often attributed to the rise of technology, which has led to an increase in the number of jobs in the service sector and a decrease in the number … Read more