DAVID RICARDO
An economist known for his Iron Law of Wages. He and other economists simultaneously discovered the law of diminishing marginal returns. His most well-known work is the The Principles of Political Economy and Taxation (1817). He was born in England and had accumulated worth approximately £1 million at the time when his family disinherited him after marrying a girl outside their religion. His wealth came from his success with a business he started that dealt government securities.
POPULAR TERMS
Highly Leveraged Transaction - HLT
HLT is a loan provided from a financial institution to a company that has a large debt amount already. The existing large amount of debt only means ...
Form 5
A document that must be filed with the Securities and Exchange Commission (SEC) by an insider who has conducted insider transactions during the yea ...
Countersignature
Additional signature from an official or professional on a document that has already been signed. Serving as confirmation or authentication, it is ...
Average Collection Period
The amount of time for a business to receive payments owed.
Primary Regulator
The state or federal agency with main supervisory responsibility for a financial institution. Banks and other financial institutions will have to f ...
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Introduction to Ethical Investing
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Ethical Investing: Activism and Advocacy of Shareholders
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Can You Afford the Renovation Cost?
Do you want to know if your current home can withstand any renovation? Consult the following professionals first for guidance.
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