Term of the day
Undercast refers to a forecasting error that produces an estimation below the realized value. It commonly occurs when estimating items such as production, performance levels, and future cash flows.
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Off-The-Run Treasury Yield Curve
These are treasuries that refer to the U.S. government bonds of a specific maturity which are not the most newly issued. While they are not as new ...
A form of interest accrual in which the coupon rate is only earned on days when another rate from which the coupon is derived falls within a specif ...
Temporary real estate insurance coverage relative to ownership transfer. It is normally used to guard both the seller and the buyer of a real estat ...
Additional Living Expense Insurance
Coverage under a renter's, homeowner's, or condominium owner's insurance policy that also pays for added cost of living that are acquir ...
Accounting practice of recording the asset purchase as a long-term one, instead of an expense on the firm’s income statement. In general, it ...
Workers, Get Ready for the Robots Takeover
The possibility of robots replacing humans in their jobs is increasing over the years due to the rise of technology and popularity of automation. Debates regarding minimum wage hike also sparked co ncern that low-wage earners will be removed from their since a machine can already complete the task for them.
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