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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Housing Bubble
A run-up in housing prices fueled by demand, speculation and the belief that recent history is an infallible forecast of the future. Housing bubble ...
Low Exercise Price Option - LEPO
A call option for investors that has a price of 1 cent with an agreement to buy 1000 shares. This cannot be executed until its expiry. It works lik ...
Callable Security
A security with an enclosed call provision that gives the person who issues to redeem or repurchase the security by a particular period. Since the ...
Shadowing
Shadowing is the creation of values for variables that are not dependent strictly to market value. This means that these variable have market value ...
Pass-Through Rate
Pass-through rate is the net
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