Sumo wrestlers in Japan are highly respected but live a highly regimented life dictated by the Japan Sumo Association. They live together in training facilities, are told how to dress and eat, and cannot drive. Having a pilot is a status symbol and a safety measure. Sumo wrestlers must wear their hair in a quiff […]
A limited monarchy is a government where the monarch’s powers are limited by a constitution, while in an absolute monarchy, the monarch has unchecked powers. Limited monarchies are often constitutional monarchies, with political power held by an elected parliament or congress. In contrast, absolute monarchies give political power to the king or queen, who may […]
A limited agent, or double agent, works for both buyers and sellers in real estate transactions. They help sellers set prices, find properties for buyers, negotiate between parties, and handle legal documents. However, some consider it unethical due to the conflict of interest. A limited agent, also known as a double agent, works for both […]
Limited connectivity is a network error that may prevent access to the internet or other devices. Restarting equipment or resetting settings can help fix the problem. If not, contacting technical support may be necessary. Limited connectivity is an error in which a computer is having trouble connecting to a network and may not be able […]
Auto insurance policies offer comprehensive and limited tort options, with the former allowing policyholders to sue for pain and suffering. Many companies offer tort as an optional coverage, with limited tort reducing premiums by up to 15%. Actual injuries are covered regardless of the tort option, and the policyholder’s ability to sue only applies if […]
A limited divorce is a court-supervised separation where partners remain married but live apart. The court can divide assets and issue orders for separation terms. It may be necessary for a cooling-off period or personal reasons, such as religious beliefs or benefits. The court determines custody, support, and asset division. Partners are treated as singles […]
Capped rates are variable interest rates with a cap that cannot be exceeded, commonly found in mortgages and floating rate notes. They can offer stability and protection but may be less competitive than fixed interest rates over time. A capped rate is a variable interest rate that can fluctuate over time, but has a cap […]
A constrained index is an unbiased measure of a market that limits the weight of any individual component, preventing it from dominating the overall average. It provides a more balanced view of the market and is useful for investors who choose stocks by sector or invest in funds reflecting a certain index. A constrained index […]
Most courts in the US are of limited jurisdiction, meaning they can only hear certain types of cases. Different courts have different powers, and jurisdiction is necessary for a court to make a decision. Federal courts also have limited jurisdiction, and can only hear cases that meet certain conditions. State courts are also limited jurisdiction […]
A restricted market is a market where the government has more control over the exchange rate than other markets, often seen in currency exchanges. The aim is to ensure safety, but it can limit opportunities for investors. A restricted market is a type of market in which there is a great deal of government control […]
Capped rates are variable interest rates with a limit that they cannot exceed, commonly found in mortgages and floating rate notes. While they offer protection against rising rates, they often come with high fees and may be less competitive than fixed rates. They are linked to a particular rate but cannot exceed the limit, and […]
Restricted shares are stock options with limitations on selling, such as a vesting period or specific events. Restricted stock grants require holding the shares until the vesting period is over. Choosing between restricted stock and stock options depends on the stock price. Failure to comply with restrictions results in loss of rights to vested stock. […]
Limited assets have specific usage restrictions that must be followed, with consequences for non-compliance. Nonprofits and educational institutions commonly accept restricted resources, which are reported separately in accounting records. Municipal bonds and wills can also involve tied assets. A limited asset is an item of value that can only be used for a specific purpose. […]