Hot Waitress Economic Index
What is Hot Waitress Economic Index? The hot waitress economic indicator index is an informal and one of the miserable economic indicators used to measure an economy’s well-being. The indicator is constructed by compiling the average number of people working as waiters or waitresses. According to the index, when the economy is performing dismally, the…
Hot Issue
What is a Hot Issue? A hot issue is an initial public offering (IPO) with overwhelming public demand that sells more than its initial offer price on the first day of the public price immediately after it starts trading. Prior to the offering, the issuing company generates an interest in the offering through staged roadshows….
Effective Gross Income (EGI)
What is Effective Gross Income (EGI)? Effective Gross Income (EGI) is the potential gross income generated by a rental property plus other incomes and less forecasted or existing vacancies and credit costs. Rental revenue earned from a rental property is not the only variable that should be considered when assessing the value of a rented…
Economic Integration
What is Economic Integration? Economic integration involves agreements between countries that usually include the elimination of trade barriers and aligning monetary and fiscal policies, leading to a more inter-connected global economy. Economic integration is consistent with the economic theory, which argues that the global economy is better off when markets can function in unison with…
Economic Growth Rate
What is the Economic Growth Rate? The economic growth rate is used to measure the growth of an economy, usually in terms of its output or gross domestic product (GDP). GDP measures the value of all goods and services produced by an economy over a certain period of time. Understanding Economic Growth Rate Nowadays, market-based…
Allocational Efficiency
What is Allocational Efficiency? Allocational Efficiency (or Allocative Efficiency) is a concept used in microeconomics where goods and services are distributed in an economy in a manner that is optimal and beneficial to all parties (consumers and producers). The concept is a characteristic of an efficient market, and the point of allocative efficiency is where…
Data Loss
What is Data Loss? Data loss is an incident where data is destroyed, deleted, corrupted, or made unreadable by users and software applications. A data loss incident can be intentional or accidental. Data loss results in some or all of the data elements becoming unusable by the owner or its corresponding software application. Data can…
Data Breach
What is a Data Breach? A data breach refers to an incident in which secure, sensitive, and confidential information is accessed and exposed to an unauthorized and untrusted environment. The breach can be intentional or accidental. Technically, a data breach is a violation of security protocol for an organization or individual in which confidential information…
Data Migration
What is Data Migration? Data migration is the process of transferring data from one data storage system to another and also between data formats and applications. It also involves data transfers between different data formats and applications. The data migration process also includes data preparation, extraction, and transformation. It is usually conducted when introducing new…
