MEDICARE DOUGHNUT HOLE
The range of total prescription drug spending in the Medicare Part D program where all of the costs must be covered from the participants’ own money. The maximum drug cost should be $2,250. When the cost exceeded, Medicare Part D recipients are forced to choose between paying higher insurance programs and paying thousands of dollars from their own money to bridge the "coverage gap". Many lower-income individuals are unable to afford any of these options.
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GMD
ISO 4217 abbreviation for Gambian dalasi, official currency of Gambia. Introduced in 1971, it replaced the former national currency, the Gambian po ...
Breakeven Tax Rate
Tax rate that is neither profitable nor unprofitable for an individual, company, or institution to engage in a certain transaction. It refers to a ...
Beating The Gun
An informal and casual phrase used when an investor buys or sells a security at an advantageous amount by conducting a trade ahead of the market&rs ...
Consumer Debt
Debt incurred for purchasing consumable goods or products that do not appreciate. Normally, an individual gain no benefit from possessing high leve ...
American Recovery and Reinvestment Act
It is an act that was signed in February 2009 by US President Barack Obama. This act was initiated to respond to the country’s weak economic ...
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