EXPATRIATE
Individual temporarily or permanently residing in a country and culture other than their country of citizenship. It can also pertain to an individual who has renounced his citizenship in his home country to become a citizen of another country. For instance, if a New York-based business sends its employee to work for a prolonged period in its London office, once the worker is in London, he is considered an expatriate or expat.
POPULAR TERMS
Take a Bath
Slang term for a situation in which investor sustained a huge amount of loss from an investment or speculative position. Investors experiencing thi ...
Austerity
Its main purpose is to measure the measures the government did to reduce the expenditure in an attempt to decrease their growing deficit.
Trade Surplus
Situation in which a country’s exports is higher than its imports, reflecting a net inflow of domestic currency from international markets.
Health Insurance
An insurance that pays for medical expenses incurred by the insured.
Substantial Gainful Activity - SGA
Threshold placed by the Social Security Administration to evaluate the eligibility for disability benefits. A specified dollar amount, it is update ...
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An Introduction to Insurance
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