What Is Planned Obsolescence

DefinitionIn economics and industrial design, planned obsolescence is a policy of planning or designing a product with an artificially limited useful life, so that...

U.S. House Financial Services Committee

DefinitionThe United States House Committee on Financial Services is the committee of the United States House of Representatives that oversees the entire financial services...
OHLC Chart

OHLC Chart

Definition An open-high-low-close chart is a type of chart typically used to illustrate movements in the price of a financial instrument over time. Each vertical...

Mac Crawford

What is 'Mac Crawford' Former CEO, president and chairman of Nashville-based Caremark, a mail-order pharmaceutical and pharmacy benefits management company. In 1997,...

TAPO

What is 'TAPO' An option in which the profit or loss to the investor is based not solely on the price of...

J-Curve Effect

DefinitionA J curve is any of a variety of J-shaped diagrams where a curve initially falls, then steeply rises above the starting point. J-Curve...

KES (Kenyan Shilling)

What is 'KES' The currency abbreviation or currency symbol for the Kenyan shilling (KES), the currency for Kenya. The Kenyan shilling is...

Paid-Up Capital

What is 'Paid-Up Capital' Paid-up capital is the amount of money a company has received from shareholders in exchange for shares of...

Z-Test

What is a 'Z-Test' A z-test is a statistical test used to determine whether two population means are different when the variances...

LBP (Lebanese Pound)

What is 'LBP' The currency abbreviation or currency symbol for the Lebanese pound (LBP), the currency for Lebanon. The Lebanese pound is...