A PRIORI PROBABILITY
It is the probability that is calculated through examining current and existing information logically. In other words, A Priori Probability is the conclusion derived by using deductive reasoning instead of making calculations and research. One of the limitations of this method is the situation where the decision can be applied is very limited, as there are different scenarios in different cases.
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Chaebol Structure
Business conglomerate structure creating global multinationals with large international operations. The Korean term chaebol means business family o ...
Back Charge
It is a billing that is created to collect the expenses that were incurred during the last billing period. It can be an adjustment because of error ...
Nationalization
This refers to a method in which the government takes control of a company or industry, which may appear for a variety of reasons. Nationalization ...
Headline Risk
The possibility that a particular news story will unfavorably affect the price of a stock. It may also impact the stock’s performance as a wh ...
Dow Jones Sustainability United States Index
Market capitalization-weighted index encompassing US-based firms in the Dow Jones Sustainability North America Index, comprised of the leading 20% ...
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Introduction to Banking
Banking is an integral part of any financial system. In order to keep your money safe and start building wealth, you need a place where your funds ...
Connection of Inflation and Interest Rates
We cannot simply ignore the connectivity of inflation and interest rates. Both items are interrelated. So, whenever there is a news item about a co ...
Digesting Financial Statements: Cash Flow
Companies generate money from borrowers and/or borrow money from creditors. Next, firms purchase assets and/or finance projects and programs. Then, ...
An Introduction to Stocks
Imagine this: you are a company owner, you get income but you don’t go to work, you just do what you want and the money keeps coming in. This ...
Student Loans: Repayment in Times of Financial Difficulty
One day, you are in the middle of a financial hardship. Unfortunately, you still have student loans to pay. What will you do? In times like these, ...
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