A voting trust is an agreement where shareholders extend voting rights to a trustee for a designated period. It can be used for convenience, consolidating a common position, or preventing a hostile takeover. It also frees shareholders from attending meetings and other responsibilities. Voting trusts are trust arrangements in which the shareholders of a given […]
Undercapitalization occurs when a business cannot finance itself sufficiently, leading to bankruptcy. This can happen due to declining sales or a lack of initial funding. Companies must adapt or seek outside assistance to correct this status and remain viable. Undercapitalization is a condition that results in the inability to finance a business venture sufficiently. Essentially, […]
A colophon is a section at the end of a book that includes information about the typeface and manufacturing techniques used. It can also discuss the designer, software, paper, and sources of renewable fibers. Colophons are useful for students of book design and are usually found on the page just inside the final piece. The […]
“Big girl blouse” is a derogatory term used to describe a feeble or effeminate man who whines or is fussy. It originated in Great Britain and Australia in the 1960s and may have come from a phrase describing fluttering clothes. It is sometimes expressed as “big girl shirt” and is not commonly used in the […]
Uterine cancer usually starts in the endometrium and is caused by an excess of estrogen, while cervical cancer starts in the thin, flat cells on the surface of the cervix and is caused by the human papillomavirus. Uterine cancer is more common and often diagnosed early, while cervical cancer is usually not diagnosed until it […]
A management attorney oversees the legal division of a law firm or organization, creating budgets, training attorneys, and ensuring compliance with laws. They can work for non-profits, coordinate legal clinics, and have their own workload. They can also work for commercial entities, managing legal departments and handling legal work. A management attorney, also called a […]
Unit investment trusts are fixed portfolios of profitable securities that cannot be sold or traded. Investors can purchase a fraction of the trust and earn income from the securities. This SEC-approved trust structure is profitable and stable, often comprised of municipal bonds. It’s a low-risk investment opportunity for new investors. Unit investment trusts are fixed […]
Applied econometrics analyzes economic metrics to make policy or process changes for positive outcomes. It requires a thorough education and strong proficiency in statistics and probability. Individuals can also benefit from analyzing personal economic metrics to make informed decisions about spending. The term econometrics was coined to describe the study of metrics related to economics […]
Constructed languages, or conlangs, are intentionally created by individuals or groups for various purposes such as international communication or fictional settings. Examples include Esperanto, Tolkien’s languages for Middle-earth, and the Klingon language from Star Trek. Some conlangs aim to be more precise or logical than natural languages and are known as engineered languages. A constructed […]
Plural nouns indicate more than one of a singular noun. In English, regular nouns add -s, -es, or -ses, while irregular nouns have unique pluralization methods. Collective nouns use singular nouns to denote groups. A plural noun is a modified form of a singular noun. Singular nouns are words that denote one and only one […]
A parapharyngeal abscess is a collection of infected tissue deep in the neck, often caused by bacterial infections of the tonsils or pharynx. Symptoms include sore throat, difficulty swallowing, and swelling in the neck. Treatment includes antibiotics and surgical drainage for large abscesses. A parapharyngeal abscess is a collection of infected, swollen, inflamed tissue deep […]
The Treynor ratio measures how much an investment has earned over a risk-free unit of market risk, using the beta coefficient. The Treynor index considers both individual security and market fluctuations, but assumes adequate diversification. It helps investors discern correlations between risk and returns. A calculation example shows how the Treynor ratio can reveal the […]
Spatial econometrics uses regression analysis to study how geography influences statistical data. It focuses on theoretical models to predict future events and is used in various fields such as real estate, politics, public health, and criminology. Spatial econometrics is an interdisciplinary field of study spanning statistics, economics, regional science and econometrics. The field originally evolved […]
The idiom “cost an arm and a leg” means something is extremely expensive, with unclear origins. Theories include limb-by-limb billing by portrait painters, military demotion, and criminal underworld desperation. When something is said to cost an arm and a leg, it is extremely expensive. The subtext of this idiom is that the price could be […]
The secondary mortgage market involves buying and selling mortgage loans and associated fees to create mortgage-backed securities. This market injects capital into originator lenders, improves chances of mortgage approval for consumers, and provides a source of ongoing returns for investors. A secondary mortgage market is the market in which mortgage loans and associated servicing fees […]
HMO health insurance is a subset of prepaid medical services where members can obtain medical services from a select group of doctors and facilities. Members must select a primary care physician who arranges all medical services. HMO aims to provide affordable medical services and eliminate spurious treatments. HMO providers operate within two models: group and […]
Breakout occurs when a stock peaks at the end of an uptrend and is unlikely to gain value. It can be difficult to predict, but savvy stock market players can spot the turning point. Other market trends and individual actions can also affect stock value. Breakout is a phenomenon that occurs when stocks peak at […]
“Lapsus calami” is a Latin phrase meaning a written slip, which can be funny, revealing, or embarrassing. Even with spell checkers, errors can occur, and zoologists have a specific name for a slip involving scientific names. Freudian slips can also occur. Double-checking written material is important to avoid mistakes. The phrase “lapsus calami” is Latin […]
Conjunctions tie two or more expressions together in linguistics. Coordinating conjunctions like “and” and “or” are common, as are adverbs and adverbial phrases. Adverbs can connect sentences and clarify relationships, while other conjunctions establish different relationships. Conjuncts can start a sentence and require tense or verb ending changes in some languages. Conjunct derives from the […]
Joint capsules surround synovial joints, holding synovial fluid in place and providing a shell for the joint. Malfunctioning capsules can cause problems such as frozen shoulder and plica syndrome. Different joints have different types of synovial joints, and the capsule consists of an outer layer and an inner synovial membrane. A joint capsule is a […]
