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Eric S. Maskin
American economist and professor of social science at the Institute for Advanced Study (IAS). He received the 2007 Nobel Prize in Economics, along with Russian economist and mathematician Leonid Hurwicz, and American economist ...
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Single-country fund is also referred to as ‘country fund’. It is a mutual fund which restricts the investments in it to the one country ...
High-growth firm increasing its revenues by at least 20% annually for four years or more, starting from at least $1 million revenue. The growth rat ...
A business term for predictions about future business conditions. Stockholders ask the company management about what they believe will happen in th ...
High Earners, Not Rich Yet - HENRYs
A word coined in a 2003 Fortune Magazine article that refers to a segment of families who earn between $250,000 and $500,000, but have not much lef ...
A prepaid expense that is treated as an asset on a balance sheet and is carried forward until it is actually used. Deferred charges often stem from ...
Finance for Individuals
For Gen Y: How to Avoid Working Forever
Is it possible for most of the Generation Y people to avoid working forever? According to a survey The Retirement Readiness of Three Unique Generations: Baby Boomers, Generation X, and Mi llennials, released by the Transamerica Center for Retirement Studies, 60% of the millennials expect to retire at age 65 (or earlier).
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