LATIN BASEBALL FUTURES
A financial contract that gambles on the potential of Latin young baseball players, who are being trained to secure a spot in Major League Baseball (MLB). It involves financing the training of teenage athletes. The proponents of the baseball futures aim to offer opportunities for economically disadvantaged young men and their families. Aside from constant training, they also provide food, housing, and clothing. If a player signed to an MLB team, investors gain profit from a percentage of the player’s signing bonus.
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Peace Dividend
It is the funds that become available in the budget of the national government when the county is at peace, and can afford to lessen its defense sp ...
Subprime Meltdown
Situation which affected the mortgage industry in 2007 because of approving individuals with poor credit rating. The housing boom in mid-2000s and ...
False Market
A market in which prices are manipulated by false information, preventing the efficient negotiation of prices. These types of markets will often be ...
Worldwide Coverage
Worldwide Coverage is an insurance policy that provides international coverage for personal property owned by the insured against any loss or damag ...
In the Pink
Informal expression that describes a situation in which an economy or investor is in a rosy financial position. More generally, it pertains to bein ...
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