A partnership is a formal arrangement by two or more parties to manage and operate a business and share its profits.
ISM Manufacturing Index, which used to be called Purchasing Manager’s Index (PMI), measures manufacturing activity based on a monthly survey, conducted by Institute for Supply Management (ISM), of purchasing managers at more than 300 manufacturing
Yield-based option is a type of option that derives its value from the difference between the exercise price (expressed as a percentage) and the yield of the underlying debt instrument. Yield-based options are settled in cash.
The relative strength index (RSI) is a momentum indicator used in technical analysis that measures the magnitude of recent price changes to evaluate overbought or oversold conditions in the price of a stock or other asset. The RSI is displayed as an
The health insurance marketplace is a platform which offers insurance plans to individuals, families or small businesses. The Affordable Care Act of 2010 established the marketplace as a means to achieve maximum compliance with the mandate that all
An income stock is an equity security that pays regular, often steadily increasing dividends. Income stocks usually offer a high yield that may generate the majority of the security’s overall returns. While there is no specific breakpoint for
The International Labor Organization is a United Nations (UN) agency that aims to promote decent work throughout the world.
Employment Insurance (EI) is an unemployment insurance program in Canada that allows individuals who have recently lost a job to receive temporary financial assistance. Employment insurance can also be extended to individuals who are unable to work
A nonrenewable resource is a natural substance that is not replenished with the speed at which it is consumed. It is a finite resource.
Fiat money is government-issued currency that is not backed by a physical commodity, such as gold or silver, but rather by the government that issued it. The value of fiat money is derived from the relationship between supply and demand and the stability