COMPENSATORY DAMAGES
Amount of money awarded to a plaintiff or his beneficiary to compensate for the damage, injury, or loss. Such compensations are awarded in civil court cases where loss occurred due to another party’s negligence or unlawful conduct. To receive this, the victim must prove the loss has occurred and if it should be attributed to the defendant. Also, he has to quantify the amount of loss before a jury or judge.
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Multi-Level Marketing
A strategy used by certain direct sales companies in order to encourage their existing distributors to bring in new distributors by giving the exis ...
Reintermediation
Individuals withdrawing funds from non bank investments such as real estate and depositing into bank and depository financial-institution accounts. ...
Bellwether Stock
A stock that is perceived to be a popular sign of the direction of industry, sector or market as a whole. These stocks are usually used to know the ...
Voluntary Reserve
Voluntary Reserve is a monetary reserve voluntarily held by insurance companies.
Thomas C. Schelling
American economist and professor who received the 2005 Nobel Memorial Prize in Economics, along with American mathematician Robert J. Aumann. He di ...
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Since time immemorial, investors look after better profits and income paying stocks. While many consider themselves as ethical investors, the commo ...
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When it comes to reporting revenue, companies should pinpoint the perilous revenues, match reported revenues to the money at hand, and analyze and ...
Buying a Home: Writing an Offer
You’re down to the last four steps to buying your dream house. Now, you need to write an offer and the seller has to accept it. Take into acc ...
Macroeconomics: Basic Concepts
The concepts involved in macroeconomics focus on three fields, including national output and income, unemployment, and inflation and deflation. The ...
Ethical Investing: Instruments for Ethical Investing
The investment instruments available to ethical investors are similar to those available to all other investors, including bonds, exchange-traded f ...
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