A forward contract sets a specific price range for an underlying asset, with parties undertaking to buy or sell a fixed quantity at a specified price on a future expiration date. A fixed-term contract establishes a price range for the underlying asset and an expiration date, with the trade never going below or beyond the […]
Politeness theory suggests that people have a social self-image or “face” that they protect through various politeness strategies. There are positive and negative faces, and the strategy used depends on the relationship between the speaker and listener. Face-threatening acts can be positive or negative, and there are four politeness strategies: bald on record, positive courtesy, […]
Catachresis is a language error where a word is used in the wrong context or its meaning is strained. It can be intentional or unintentional and is often used as a figure of speech, such as in mixed metaphors. Poststructuralist works embrace catachresis for its ambiguity and breaking down of traditional literary techniques. It can […]
The accumulation phase is a period of saving for retirement or long-term goals, often associated with annuity products. Investors should ensure they save enough to meet their income needs during the disbursement phase. Annuities have a specific accrual period and are tax-deferred, with accumulated funds invested in securities. The accumulation phase can have multiple owners, […]
Goodell’s sign is a softening of the cervix that occurs around six weeks into pregnancy, which can be used to identify pregnancy and determine gestational age. It is named after an American gynecologist and is caused by hormonal changes that break down collagen fibers. The cervix also softens and thins during the late stages of […]
A mortgage cosigner helps someone with no or poor credit history qualify for a mortgage loan, but is not entitled to the property. They must provide the same financial information as the primary borrower and are legally responsible for payments if the borrower defaults. Late payments or foreclosure will affect the cosigner’s credit report and […]
Aggregate supply and demand are the total supply and demand for goods and services in an economy, affecting prices. Macroeconomics studies these factors and government policies affecting them, represented by curves on a graph, with an equilibrium point. Monetary policy and government regulations impact the economy. Aggregate supply and aggregate demand is the total supply […]
Chocolate fundraisers are a popular way for non-profit organizations to raise money. Companies provide bulk chocolate for the fundraiser to sell, with suggested retail prices and profits per box. Different flavors and types of chocolate are available, and candy can be sold through various methods. Factors such as selling price and flavor popularity should be […]
Declared value is the disclosed value of a shipment, affecting liability, rates, and shipping insurance. Customers must declare the value for higher value packages and may need to pay extra for insurance. International packages may face customs issues. Declared value is the value of the contents of a shipment disclosed by the shipper, owner, or […]
Information goods derive their value from the information they contain, rather than the material they are made of. Examples include books, software, and online content. However, the rules governing ownership of information goods are complex due to the ease of copying without destroying the original. An information good is something that is valued for the […]
“Dead man walking” is an idiom used to describe a person in trouble with no hope of escaping punishment. It can be used in various situations, such as losing a job or facing legal consequences. Examples include a worker who fails to show up after making a serious mistake, a teenager who receives a speeding […]
Below-market interest rates are lower than average rates and are typically offered by government programs to stimulate economic development and provide affordable housing options for low- to moderate-income individuals. Eligibility criteria include income restrictions, limitations on the number of properties owned, and requirements that the loan be on the borrower’s principal residence and sold to […]
Gelotology studies the biological and psychological effects of laughter on health and well-being. It has found that laughter can improve heart health, boost immunity, and reduce pain. Researchers have also identified which parts of the brain are responsible for laughter and what causes it. Psychoneuroimmunology explores the link between emotional states and health. Happy attitudes […]
Structured trade finance is a common way for commodity exporters to finance their operations, with banks being the primary lenders. There are two main formats: working capital guarantees and accounts receivable, both of which help mitigate financial risks and protect assets. Structured trade finance is the primary means through which many of the world’s commodity […]
Business portfolio analysis evaluates a company’s products and services to determine where to focus investments and business activities. Analysts examine performance, offer opinions, and suggest areas for growth or cost-cutting. The process can be done in-house or by a third-party firm and may be part of a plan to reorganize, improve strategy, or reduce costs. […]
Footnotes are small notes at the bottom of a printed page, often used for citations or additional comments. They are indicated by symbols or numbers and different style manuals have different rules. Footnotes can be used for humorous asides or interesting tidbits. A footnote is a notation at the bottom of the page in a […]
Figurative language creates non-literal meanings through adding, deleting, or changing words and ideas. Some languages have more figures of speech, like simile, metaphor, irony, and hyperbole. These can clarify or confuse a topic. Figures of speech deal with implications, not reality, and can vary by region. Four methods are addition, omission, transposition, and permutation. Figures […]
A cookie dough fundraiser involves selling cookie dough to raise money, with a third-party organization supplying the dough in exchange for a percentage of profits. Many schools and organizations use this method, with prices and percentages varying. Some companies offer home delivery and sliding scales to incentivize higher sales. A cookie fundraiser is a process […]
Collection items are outstanding payments that cannot be applied to an existing journal entry, often created by overdue debts, bad checks, government guarantees, or late third-party payments. Accounting representatives can seek immediate pickup or accept a loss. Collection items can be resolved by sending a reminder to get paid, noting it in the ledger, and […]
Profit interest is a popular incentive model for LLC employees to receive a share of company profits without providing capital. It is similar to corporation incentive models and can be used for tax savings and wealth redistribution. Consultation with a tax advisor and lawyer is recommended. Profit interest is when a person has the right […]
