HARD MONEY
1. Funding by a government or organization that is repetitive, rather than a one-time grant. Examples include ongoing government daycare subsidies or firms that pay annual scholarships to post-secondary students.
2. Describes gold/silver/platinum (bullion) coins. A government that uses a hard money policy backs the value of the currency it uses with a hard, tangible and lasting material that will retain its relative value over time.
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SEC Form 10-KT
SEC Form 10-KT is a filing which is submitted in lieu of or in addition to a standard 10-K annual report under the Securities and Exchange Commissi ...
Actuarial Life Table
A spreadsheet or table that displays the probability of a person to die at a certain age before his/her next birthday. The remaining life expectanc ...
UCC-1 Statement
UCC-1 Statement is a document listing and describing any personal property that a borrower is using as collateral for a loan.
Leo F. Mullin
A former Chairman and Chief Executive Officer of Delta Air Lines, Inc. His career started with consulting firm McKinsey and became the first CEO ou ...
Pundit
An individual who expresses their opinions publicly on a topic on which they consider themselves an expert.
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Fixed interest rates.
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