A dangling modifier is a phrase or clause that lacks the word it is supposed to modify. This occurs when a clause refers to a subject missing in the following clause. It can be corrected by rephrasing the sentence. A leaning modifier can also occur if the modified sentence or word is unclear. A dangling […]
Farewell is a way of saying goodbye, often used in speeches at graduations. It can also be used in written documents and casual conversation. The length of the farewell depends on when the parties expect to see each other again. A farewell is the act of saying goodbye. The word is often used to refer […]
A record date is a specific date on which an investor must own stocks or other investments to receive dividends or returns. It is also important for tax assessment, contracts, and renting agreements. The date establishes ownership and defines rights and responsibilities. A record date is the record date on which an investor must have […]
“Differently abled” is a term used to describe individuals with physical or mental impairments, emphasizing their abilities rather than their disabilities. It originated in the US in the mid-1980s as a more politically correct term. However, some still view it as stigmatizing and separating individuals from the “enabled” population. The controversy highlights the negative connotations […]
A boatman’s duties vary depending on their experience and the type of vessel they work on. They may clean the boat, perform maintenance tasks, cook meals, handle weapons, steer the ship, or operate cranes. More experienced boatmen may delegate tasks to others and report to the ship’s captain. A boatman is a person who has […]
An overnight index trade is a type of derivative where two parties swap interest on specific investments, often to vary their level of risk. It involves the overnight index, which measures interest rates for commercial loans, and can indicate the availability of credit in money markets. The LIBOR rate used for direct overnight interbank lending […]
A poet laureate is a government-recognized official poet of a country, state, or city. The tradition began in England and has spread to other countries, including the United States. Poet laureates advise on promoting poetry and often hold special readings and events. A poet laureate is a poet recognized by a government as the official […]
Climax can refer to the moment of greatest tension or the final argument in a speech or essay. In narratives, it is the moment of maximum tension or resolution, while the epilogue follows. An anti-climax can also be intentional or awkward. In persuasive writing, the strongest argument should be saved for last before the conclusion. […]
A core holding company is a long-term investment that forms the foundation of an investment portfolio, providing stability and direction. The length of time required to be considered a core holding varies, but it is generally a consistently profitable investment that can lead to financial stability. A core holding company is a type of investment […]
A paraesophageal hernia is when the stomach protrudes through a hole in the diaphragm, causing severe chest pain, vomiting, and difficulty swallowing. Surgery is required if the hernia becomes incarcerated or strangulated, and laparoscopic surgery is a common method. A paraesophageal hernia is a type of hiatal hernia. A hernia occurs when a portion of […]
Stock diversification involves investing in a variety of assets to mitigate potential losses. It does not involve investing all capital in one company and borrowing to invest in another. An example is investing $10,000 in two companies, ABC and DEF, to cushion the impact of losses in one company. Stock diversification is an investment term […]
Jotto is a word game for two players where one chooses a secret word and the other player guesses it through logical deductions. The game is played with four or five-letter words, but can be simplified for children with three-letter words. The game involves building a diagram and scoring columns to keep track of guesses. […]
Pulseless electrical activity (PEA) is a condition where the heart’s electrical activity is normal, but the mechanical pumping action is unresponsive, causing cardiac arrest. It is not shockable with a defibrillator, and CPR is the only option until medical professionals arrive. PEA is usually caused by severe heart disease, and patients are clinically dead. Pulseless […]
Credit enhancement is a risk reduction technique used to protect investors against loss in the underlying security or debt instrument. Methods include over-collateralization, insurance policies, and subordinated bonds. It is an integral part of securitization and structured financing, but not allowed in some countries. Some companies offer credit enhancements to individual consumers, but caution is […]
A quality audit is an external or internal review of a company’s quality program to determine compliance with standards such as ISO 9000. The auditor creates a plan, reviews records and practices, and prepares a report with recommendations for improvement. A quality audit is an audit in which an auditor analyzes and verifies various records […]
Musicals combine acting, singing, and often dance. They originated from French opera comique and evolved from burlesque shows. Broadway and London stages became famous for musicals in the 19th century. Gilbert and Sullivan brought popularity to the form with their hit The HMS Pinafore. Classic musicals emerged in the 1930s, and composers like Rodgers and […]
Zines are small-scale publications for specific audiences, often distributed by hand within a community. The concept began in the 1970s with punk fanzines, and expanded to include political and literary zines. They are sold at events and bookstores, and e-zines are also popular. A zine is a publication designed for a very limited target audience […]
Financial administrators oversee tax activities, manage cash flow, create budgets and reports, and may deal with investing excess capital. A bachelor’s degree in finance, accounting, or business administration is required, with some employers also requiring a master’s degree and work experience. Financial managers must stay up-to-date with accounting practices and laws, and possess strong communication […]
Specialization and comparative advantage are related concepts. Comparative advantage refers to lower manufacturing costs, while specialization is when an entity focuses on producing a specific item. A company with a comparative advantage may choose to specialize in that item. An example is a company in a country with easy access to raw materials specializing in […]
An out of print book is no longer printed by the publisher and can be limited in stock. Reasons for this include declining popularity or a publisher’s bankruptcy. Patients may find a new copy when it goes back to print, but older books may require sourcing from antiquarian booksellers. The value of an out of […]
