ABSOLUTE RETURN
It is the return that a property or an asset gains over a given period of time. Using this measure, appreciation or depreciation (expressed in percentage) of an asset that it achieved over a period of time will be considered.
The concept of absolute return is different from relative return because it is primarily concerned with the return that an asset will gain and it does not compare the gains to any other benchmark or measure.
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SPDA
Single-premium deferred annuity (SPDA) is a kind of annuity contract. It is established by the owner by making a single-lump payment. The annuity p ...
Timber Investment Management Organization - TIMO
Investment management group regulating forestry and timber investments on behalf of institutional investors. Acting as a broker for their clients, ...
Okun Gap
This macroeconomic term explains the condition when an economy's potential gross domestic product (GDP) varies from its actual gross domestic p ...
BOB - Bolivian Boliviano
Currency abbreviation for the Bolivian boliviano, the official currency of Bolivia. Introduced in 1864, the currency is comprised of 100 centavos.< ...
Martin S. Feldstein
An accomplished economic professor and economist, President Emeritus of the National Bureau of Economic Research (NBER), and John Bates Clark Medal ...
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In the United States, the progressive tax system is one of the most important yet misunderstood concepts of tax planning. Whenever people are asked ...
A Primer on Retirement Planning
Every person dreams of enjoying their lives once they reach their golden years. Most people desire living in a house with a beach front view or a m ...
Student Loans: Repayment in Times of Financial Difficulty
One day, you are in the middle of a financial hardship. Unfortunately, you still have student loans to pay. What will you do? In times like these, ...
Principles of Trading: Record Keeping and Taxation
It is imperative for every trader to maintain a precise, organized, and latest trading-related records. Hence, traders should keep both hard and di ...
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