AFFIRMATIVE ACTION
A policy wherein an individual's nationality, sex, race, or color are given consideration by the government or business to provide additional opportunities to the underrepresented sector of the society. The affirmative action is directed to lift up the population of people from particular groups within institutions, businesses, and other parts of the society in which they had a little representation in the past. Most of the time, it is considered as a way to oppose the historical discrimination against a specific group.
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Robert C. Merton
American economist who won the 1997 Nobel Memorial prize in Economic Sciences, along with Myron Scholes, for developing the Black-Sholes model, whi ...
Buy Stops Above
Recommendation to purchase a given security once a security’s price surpasses a particular resistance level by putting a buy stop order at th ...
Admitted Company
An insurance company admitted and allowed by an another state to transact insurance business despite having a domiciled status on an another state. ...
Black Box Model
Computer program, process, or system processing the information entered by the user using pre-programmed logic in order to produce the user’s ...
Form 3903
A form issued by the IRS and used by taxpayers to deduct moving expenses related to taking a new job.
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