MCMANSION
A slang term that denotes a huge and luxurious house that is generic in style and represents a good value in terms of its size for the home buyer. Frequently found in suburb areas, McMansion is designed to provide middle and upper middle class homeowners a deluxe housing experience that used to be available to only high-net-worth people.
The term also denotes as a play on McDonald’s fast food restaurant chain. The homes depicts the pervasiveness and excessive consumption that critics often associate with the restaurant chain.
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Uptick
An Uptick is a transaction or a business deal for a financial instrument that surpasses the previous transaction in price. If the price of a stock ...
Lock In Profits
Realizing the profits of a position such as buying a stock by exiting at a gain. By doing so, the portion of that investment is no longer vulnerabl ...
Profit
Profit occurs when the amount of revenue gained from a business exceeds the expenses, costs, and tax needed to maintain the business activity.
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Due Diligence Meeting
Meticulous probe conducted by an underwriter, ensuring all details has been revealed to prospective investors before issuing a new security.
Laffer Curve
The relationship between tax rates and tax revenue collected by the government. Formed by Arthur Laffer, the curve states there is an optimal tax i ...
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