LOBBY
Act of attempting to exert an influence (i.e. lobbying); a group of like-minded people that attempts to influence an authoritative body in their favor. A lobby is usually formed to sway authorities to act in such a way it is beneficial to the group’s best interest, either through a promising legislation or by obstructing unfavorable measures. It comprises of individuals, groups, and businesses that can be formed around the world. Some countries have seen an apt way to regulate the lobby’s activities because of its negative effect towards the democratic process.
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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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