Money managers handle investment portfolios for individuals or businesses, customizing each portfolio to meet the client’s unique goals. They charge a fee based on a percentage of assets and have discretion to make daily portfolio decisions. Money managers must have strong credentials and experience to be successful. A money manager is responsible for managing the […]
The idiom “over the edge” refers to crossing societal boundaries. “Pale” comes from an ancient word for a wooden stake used to make fences or borders. The phrase “beyond pale” originated in 14th century Ireland, where it referred to going beyond the English Crown’s control. It can also refer to punishment for misbehavior. The phrase […]
Hendiadys is a literary device that joins two nouns with “and” to create a double meaning, emphasizing the drama of a phrase. It is important to distinguish hendiadys from simple word lists. The Bible contains many examples of hendiadys, but modern authors use it sparingly. Hendiadys is a literary device used to emphasize the meaning […]
The Capital Asset Pricing Model (CAPM) estimates the expected rate of return for a stock based on its beta risk, with higher risks justifying higher returns. The formula starts with the risk-free rate and calculates the premium generated by investing in the stock market above a risk-free asset. The Security Market Line (SML) graph compares […]
Proximal humerus fractures can occur after trauma or falls, especially in older people with osteoporosis. Non-displaced fractures can be treated with immobilization, while displaced fractures may require surgery such as open reduction or hemiarthroplasty. Physical therapy is important for recovery. A proximal humerus fracture is a break in the long bone of the upper arm […]
Prepositions describe the relationship between two things, while adverbs modify an action. Prepositions indicate space or time, while adverbs modify verbs, adjectives, and other adverbs. Prepositional phrases can act as adverbs, but prepositions cannot be interchanged with adverbs. The main difference between a preposition and an adverb is that a preposition describes the relationship between […]
Nonlinear storytelling presents events in a story in a different order for artistic effect. This can be achieved by revealing plot episodes in a particular order or allowing readers to choose their own path. Flashbacks are a common technique used to present events from different points in time. Frame stories are circular in nature, with […]
Tertiary syphilis is the most severe stage of the sexually transmitted disease, causing damage to various parts of the body including the nervous system, brain, and heart. Symptoms can include jerky movements, paralysis, numbness, and dementia. Treatment is most effective in the early stages with antibiotics, but nerve damage in the late stage may not […]
A 1031 exchange allows investment property owners to use the proceeds from a sale to purchase similar property and defer capital gains taxes. Rules include identifying the new property within 45 days and closing within 180 days. The definition of “similar” is generous and does not require an exact match. A 1031 exchange is an […]
An internet consulting firm can help businesses with marketing, design, and IT. They can guide a business through building a user-friendly website, setting long-term sales goals, and improving online customer service. An Internet consulting firm can help a business with a variety of issues, ranging from marketing and design to information technology. With the help […]
The principle of “politics stops at the seashore” suggests that American politicians should present a united front to other countries, despite political disagreements on their own territory. This idea was first suggested by Republican Senator Arthur Vandenberg in 1947 and has been widely adopted. However, events in the US in the 2000s led to a […]
Euphony refers to pleasant sounds in words or phrases, often used in poetry or speeches. Soft consonants and soothing words create a sense of ease. Cacophony is the opposite, with harsh sounds creating unease. Both can be used intentionally in writing. Euphony is a term used to refer to a word or phrase that is […]
An interest rate agreement, also known as a FRA or forward rate agreement, is a financial contract where the buyer compensates the seller if the interest rate changes from a predetermined amount. The contract involves a strike rate and a base rate, and the buyer must make a payment to the seller if the base […]
A value system guides ethical behavior based on moral principles and beliefs. It determines a person’s character and actions, and can vary by culture and religion. Companies may suggest an ethics system for employees, but conflicts may arise when personal values conflict with collective values. Ethical decisions are based on weighing consequences and concepts of […]
“Up and down” means searching every possible place for something or someone. “High and low” is an idiom that implies exhaustive research, often taking a long time. It suggests the search will continue until the object is found, and may be exaggerated to include “all points in between.” If someone is described as looking “up […]
Language death is the decline of a language until no native speakers remain, caused by factors such as colonialism or a nation switching languages. Glottophagia and linguicide can be involuntarily imposed on a population. Lack of instruction in schools is a significant feature of a declining language. Language death can lead to diminished ethnic identity […]
Global custody is a service offered by custodian banks to manage and protect assets owned by businesses or individuals in multiple countries. It includes record-keeping, trading regulation, and tax documentation. Rates vary, and many international banks offer global custody to increase customer loyalty. Global custody is the protection of assets by a third party with […]
Endourology is a minimally invasive medical procedure that uses specialized instruments to diagnose and treat stone formation in the urinary system. Procedures include extracorporeal shock wave lithotripsy, ureteroscopy, and percutaneous nephrolithotomy. Most patients can resume normal activities quickly, but not all are candidates for these procedures. Endourology is a term that broadly refers to various […]
A working interest in oil or gas drilling allows the owner to work on the land and pay a percentage of expenses, proportional to their interest. Investors seek working interests for a share of exploration proceeds, but royalty interests can reduce profits. Investors should ensure a piece of land will produce before purchasing a working […]
Management by exception is an approach that deviates from normal policies and procedures to address abnormal results. It involves delegating specific functions to team members and developing alternative procedures to address the problem. The manager is held accountable but avoids micromanaging, allowing for employee development. Management by exception is an approach that sometimes uses methods […]
