SIB
Social impact bond (SIB) is more of a contract rather than a bond made with the governing authority or the public sector. It essentially pays to achieve better social outcomes. The reason why it is not strictly a bond is because if the desired social outcome is not achieved the return on investment or repayment will not go back to the investors. The reason for the name is that it aims for social impact and not only to the financial return on their investment.
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Active Asset
An asset employed by a business in its routine or daily operations. Active assets can be tangible such equipment or building or intangible such cop ...
Option Income Fund
This type of mutual fund’s goal is to generate current income for its investors from the premium it earns by selling ...
Noise
Price and volume fluctuations in the market that can confuse one's interpretation of market direction. Used in the context of equities, it is s ...
Israel Kirzner
Foremost Austrian economist and professor emeritus of economics at New York University. He is known for his work in the economics of knowledge and ...
Hammer
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