Non-performing assets are loans that are at risk of default due to changes in the borrower’s financial situation. Loans exceeding 90 days with no payment are classified as non-performing. Lenders work with borrowers to prevent default. Late payments do not necessarily make a loan non-performing. Lenders classify a loan as non-performing only when the borrower […]
Dematerialization, or DEMAT, is the process of using electronic archiving tools to manage financial records instead of physical documentation. It eliminates the need for physical storage and allows for simultaneous access by multiple users. There are free and paid software packages available to achieve a complete dematerialized state. Also known as DEMAT, dematerialization is a […]
“Double whammy” is an idiom that describes a situation where two bad things happen to someone in close succession. It originated from the slang word “whammy,” meaning a curse or hex. The phrase can be used for comedic effect, but also in serious situations where trouble seems to pile up. “Double whammy” is an English […]
Vocology is the science of the voice, focusing on speech disorders and vocal cord overuse. Vocologists diagnose and recommend ways to improve speech or loudness production, and work with laryngologists for holistic treatment. They also work with singers to improve tone, volume, control, and resonance value. Vocology researches speech disorders and identifying characteristics to isolate […]
Freud’s psychosexual development theory states that a person’s experiences in early life affect their personality and future actions. The theory focuses on psychosexual stages, each with a particular body part and challenge, and unresolved conflicts can lead to fixations and personality characteristics. The oral, anal, phallic, latency, and genital stages are described. Psychosexual development is […]
“Bad blood” refers to deteriorated relationships due to perceived or actual injury. It can occur between family, friends, or businesses. It can be carried for years without retaliation. Factors such as money, relationships, and beliefs can cause rifts that poison other relationships. “Bad blood” is a common idiom among English speakers. Typically, the term is […]
Food poetry is a style of poetry that can be emotional or prosaic, with no structural prerequisites. Poets choose a subject and burst into ideas, describing taste, texture, smell, and appearance. Food can be a metaphor, and there are connotations related to it. The paraphernalia of food shapes the content and themes of poems. Food […]
A mortgage loan officer helps people buy property by determining appropriate loans and assessing creditworthiness. They work for financial institutions and may handle other types of loans. A bachelor’s degree in finance or business is common, and pay is based on fees. They work closely with real estate agents and must have excellent people skills […]
“Keep your head” means to remain calm. It can be used as an imperative or personal reference. The phrase is based on the idea that the head is the source of rationality. It can also be used to describe someone’s behavior after the fact. Different tenses can be used, but past and present are most […]
Sebaceous adenoma is a slow-growing, benign skin tumor that usually appears as a small lump on the scalp, face, or neck after the age of 50. It can indicate Muir-Torre syndrome, a genetic disorder that causes multiple sebaceous adenomas and other cancers. Surgical removal is recommended for tumors with unusual features, but for patients without […]
Tick testing was a method used to determine when to execute a short sale in the US market. It was developed in the 1930s and became obsolete with the increased regulation of the market. The tick test was rescinded in 2007. Tick testing was a method once employed to determine when circumstances were right for […]
Classical philology determines if preserved Greek and Latin texts are true to the original authors’ meaning. It involves careful examination of words and annotations, and understanding the linguistic and historical culture of antiquity. Critics argue that ambiguity makes it impossible to determine word meanings, but philologists use comparisons with other texts to fix meanings. The […]
Crossover rules help investors determine whether to go long or short based on the movement of a financial instrument. The rule is based on technical analysis and common sense, with the investor establishing a long position if the DMI indicates positive movement and a short position if negative movement is expected. The rule maximizes gains […]
A pilonidal abscess, or cyst, is a painful growth near the buttock cleft that often contains hair and skin debris. It is more common in young Caucasian males and can be caused by ingrown hairs and skin rubbing. Treatment involves draining the abscess and removing hair, with more invasive surgery required for recurring abscesses. Prevention […]
Reproductive endocrinologists specialize in disorders of the reproductive system, including infertility, sexual dysfunction, hormonal imbalances during puberty, problems with the menstrual cycle and menopause. They can treat both men and women and may be involved in fertility treatment, hormone treatment for transgender and intersex individuals, and treating patients with hormonal imbalances related to the reproductive […]
A stop-loss order is an instruction to sell an investment if the share price falls to a set price, allowing investors to control potential losses and lock in profits. It reduces the need for manual monitoring and emotional sales decisions, but investors must understand short-term fluctuations to maintain long-term investments. In finance, a stop-loss order […]
Real estate agents commonly use exclusive right to sell agreements, which guarantee the agent a commission and prevent other agents from selling the property. Other agreements may cost less but require upfront payment and may result in less effort from the agent. The exclusive right to sell is legally binding, and the seller can only […]
A switch room is a hub for transmitting customer orders, transaction notifications, and funds. Banks and brokerage houses have wire rooms, which are often supported by computer systems and staffed by trained personnel. The switch room staff is responsible for verifying the information that passes through their hands and creating a record of activity printouts. […]
Trade receivables are open accounts extended to customers by suppliers, allowing them to receive goods and services without paying upfront. Different models of open account arrangements are used, including revolving credit and invoicing with specific payment terms. Timely payment of outstanding invoices can help businesses build a favorable credit rating and obtain financial assistance. Trade […]
Ecological fallacy is when a researcher applies the result of a group study to individuals within that group. This can lead to false conclusions. The opposite is the exception fallacy, where someone makes incorrect conclusions about a group based on a few examples. Researchers must conduct both group and individual research to avoid these fallacies. […]
