S&L
Savings and Loan Crisis (S&L) is one of the largest financial scandals in the history of the United States. During the volatile interest rate climate in the 1970s, many depositors removed their funds from savings and loan institutions (S&Ls) to put them in money market funds. These money market funds offered higher interest rates because they were not governed by Regulation Q. When the S&L regulations loosened, S&Ls started to engage in increasingly risky activities, such as commercial real estate lending and junk bonds investments.
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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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SEE FOREX TUTORIAL
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In the United States, the inflation rate was 0.2% through the 12 months ended July. In the United Kingdom, inflation was 0.1% in July.
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A Guide to Your Personal Income Tax: Common Filing Mistakes
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Retirement Planning: The Significance of Retirement
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Students, How Much Can You Afford to Borrow?
You are about to finish high school. The financial aid office of the university you are considering gave you a financial aid. You are also qualifie ...
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