The Invisible Hand
The 'invisible hand' is a metaphor for the self-regulating nature of the…
Interest-Only Mortgage Explained
An interest-only mortgage allows borrowers to pay only the interest for a…
Industrial Output: A Comprehensive Overview
Industrial output measures the total value of goods and services produced by…
Horizontal Merger Explained
A horizontal merger combines two companies operating in the same industry and…
Half Year: Understanding the Midpoint of the Year
A half year marks the completion of six months, representing the midpoint…
Guaranteed Annuity Rate
A guaranteed annuity rate secures a future interest rate for your annuity,…
Golden Handshake
A golden handshake is a generous severance package offered to executives upon…
Golden Handcuffs: Understanding Financial Incentives in Employment
Golden handcuffs are financial incentives designed to retain employees, often through stock…
Futures Contracts Explained
Futures are standardized legal agreements to buy or sell an asset at…
Financial Year
The financial year, or fiscal year, is a 12-month period used for…