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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Mature Economy
An economic situation where the birth rate is stable or lower than mortality rate, as well as the pace of economic growth has slowed down. It is ch ...
Blackberry Addiction
Colloquial term for overreliance or overuse of Blackberry. The smartphone is manufactured by Research in Motion. It is a prevailing condition for s ...
Completed Contract Method - CCM
Accounting method allowing a taxpayer or business to defer reporting of income and expenses until the contract has been completed. Frequently, this ...
Choice Market
Market in which the spread between the bid and ask prices for a particular financial instrument is zero. Meaning the instrument can be purchased fo ...
Rational Pricing
A theory that states the prices that reflect a security’s fundamental value and the absence of arbitrage opportunities.
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