RAINMAKER
A rainmaker could be a broker or financial broker. Rainmakers bring large number of well-off clients to the firm or company they work for. They are experienced at expanding their client base and increasing their asset under management. Rainmakers have the ability to generate revenue for a firm, therefore they are highly compensated. Other competing firms attempt to recruit them, offering them significant financial incentives.
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Tit for Tat
Game theory mechanism subject to a payoff matrix similar to a prisoner’s dilemma. Anchored on the concepts of retaliation and altruism, this ...
Nonsegregated Disclosures
Information that must be presented legally anywhere in a lease agreement. These are required by the Federal Reserve Board Regulation M. The lease a ...
Product Line
A series of related products which are all made or manufactured by the same company.
Behavioral Economics
The scientific study on how the mind thinks and how each person reacts as it relates to the process of decision making in economics of individuals ...
Infant-Industry Theory
A theory stating the emerging domestic industries must be protected against foreign competition until they become established and mature. In econom ...
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A Guide to Income Tax: Overlooked Credits and Cuts
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