An active account is one with frequent transactions, often associated with brokerage, checking, or debit accounts. Brokers offer incentives such as reduced commissions, free trades, and educational resources to encourage active trading, which generates income for the provider. Advanced charting programs and technical analysis skills can also lead to increased trading volume. The goal is […]
The pricing mechanism is an economic concept that relies on a free market system, where the price of a product depends on supply and demand. It helps achieve balance in the economy by reflecting the action and reaction of the entire market. The mechanism acts as a rationing agent for products with inverse proportionate demand […]
Mondegreen is a term coined by Sylvia Wright in 1954 for misunderstood phrases or song lyrics. Famous examples include “Lady Mondegreen” and “excuse me while I kiss this boy.” Mondegreens often have humorous double meanings and can refer to food, sexuality, or animals. In 1954, Sylvia Wright coined the term “mondegreen” to refer to a […]
Arachne, a skilled weaver, challenges Athena to a contest of skill and insults her. Athena reveals herself and they both weave tapestries, but Arachne’s portrays the gods in a negative light. Athena becomes angry and strikes Arachne, who hangs herself and is condemned to weave forever as a spider. In the Roman poet Ovid’s account […]
A 12B-1 fee is a marketing fee charged by a mutual fund to pay for annual expenses. It is considered an operating expense and cannot be more than 1% of a fund’s net assets. Most mutual funds also have sales charges, which are not part of operating expenses. Some funds use assets to pay distribution […]
Deaf-blind people use various communication techniques depending on their condition. They may use sign language, touch-based alphabet systems, braille technology, or rely on guides to interact with others. The manual alphabet is a common method, while some use expensive technological devices. Partially functional senses may also determine the communication technique used. Guides are often provided […]
A build release engineer oversees the process of building and changing a company’s software. They must have strong problem-solving skills, be comfortable multitasking, and have a degree in computer engineering or computer science. They are responsible for improving the software creation process, testing, and developing bug tracking systems. A build release engineer is a person […]
A systematic withdrawal plan allows shareholders to withdraw money from a mutual fund portfolio at regular intervals, offering benefits such as independence from market fluctuations, tax advantages, and the ability to access money when needed. Diversification is recommended for continued growth. A systematic withdrawal plan is a financial plan that allows a shareholder to withdraw […]
Customer logistics involves the delivery of goods or services, including shipping, information, warehousing, and repackaging. It must balance costs and services while reflecting the company’s goals and providing good customer service. Time and cost are important factors, and all departments must coordinate smoothly. A written chart can help identify areas for improvement. The term “customer […]
The Hitchhiker’s Guide to the Galaxy is a popular multimedia franchise created by Douglas Adams, featuring the adventures of Arthur Dent as he explores the universe with the help of an interactive encyclopedia. The series began as a radio show and expanded to five novels, with adaptations in film, stage plays, and video games. The […]
Urban fiction, also known as urban lit, gangsta lit, street lit, or hip hop lit, is a genre of American literature set in metropolitan areas and characterized by recurring themes, racial leanings, and cultural similarities. It typically features African-American characters in dark plots involving urban violence, poverty, and other aspects of inner-city life. The genre […]
A proof of loss is a document prepared by an insured party and sent to the insurer in the event of a claim. It provides detailed information about the damage, covered items, declared value, and total claim. The document varies depending on the insurer’s requirements and local regulations. It is commonly used for homeowner’s insurance […]
Morning back pain is often caused by poor sleep due to an uncomfortable mattress or pillow, an uncomfortable sleeping position, poor posture, arthritis, or a pinched nerve. Improving sleep conditions, practicing good posture, and changing sleeping positions can help alleviate pain, but chronic pain should be evaluated by a doctor. Morning back pain is most […]
Salespeople promote products and services through marketing and advertising. They may interact with customers in retail stores, make sales calls, or sell remotely. They may earn base salaries and/or commissions. Phone and internet salespeople are also common. People working in sales are responsible for increasing the market share of a particular company. Sales employees proactively […]
A zero balance account is a financial account used for payments without maintaining a balance. It helps earn interest on other accounts and tracks transactions easily. It’s useful for companies with revenue close to debt, but should be maintained at the same institution as the primary interest-bearing account. A zero balance account, or ZBA, is […]
Young professionals are white-collar workers within a certain age range, but there is no clear definition. They are often associated with career advancement and a lack of social relationships, but some strive for balance in all aspects of life. The term’s start and end points are also unclear. Young professionals are people working in careers […]
The Stanford Prison Experiment analyzed human response to imprisonment using college students as guards and prisoners in a mock prison. The experiment showed how assigned roles affected behavior, with guards abusing their power and prisoners bonding together. The experiment was criticized for its design but is still supported by some social psychologists. The Stanford Prison […]
“Goody two-shoes” originated from a children’s book in 1765 about a poor girl who becomes virtuous and is rewarded. The term was used to describe virtuous people, but also had negative connotations of being irritating. Today, it is associated with insincerity and pretending to be good. “Goody goody” is a similar offshoot. The meaning of […]
To choose the best annuity provider, identify companies that sell annuities, review types, fees, and expenses, check annuity valuation and death benefit policy, and compare insurance companies against brokerage firms and mutual funds. Choose the type of annuity that fits your purpose, consider all fees and charges, check AM Best and Fitch Ratings, and check […]
Late adolescence is the final stage of physical and emotional growth, occurring between ages 17 and 22. Young adults become more self-reliant, focus less on peer opinions, and set goals for the future. They explore moral and spiritual beliefs and are intellectually ideal for higher education and career goals. Early and mid-adolescence are periods of […]
