NET-WORTH CERTIFICATE
An instrument used by the FDIC starting in 1982 as part of an effort to save failing banks and thrifts by providing capital. When deposit-rate restrictions that had existed for decades were lifted, banks and thrifts found themselves having to pay out more in interest on deposits than they were earning from their long-term investments, such as 30-year fixed-rate mortgages and government bonds. Net-worth certificates gave the banks and thrifts time to resolve their problems.
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Agency, under the umbrella of the US Department of Agriculture, formed to help, stabilize, and protect income of American farmers and agricultural ...
Churn Rate
Percentage of subscribers who discontinue using a service in a specified time period. It is computed by dividing this rate to the average number of ...
De-Merger
A strategy wherein a single business is broken to components, they just have to decide either to operate or their own, or to be sold or to be disso ...
Career-Ending Move
Bad decision or mistake an employee made, which has huge consequences. This bad move is so egregious that it would possibly lead to the loss of his ...
Variance
Variance the measure of dispersion of a given set of data points around their mean value. It is the mathematical expectation of the average squared ...
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