What is a Hard Currency? A hard currency refers to a currency that is generally issued by developed countries, globally traded, and seen as politically and economically stable. International investors put their confidence and trust in hard currencies because they will not dramatically depreciate or appreciate (fluctuate in relative value to other currencies). For the…
What is the Hanging Man Candlestick? The “hanging man” is a bearish financial candlestick pattern that represents a potential reversal in an uptrend. In particular, a hanging man pattern forms at the end of an uptrend. Due to the uptrend reaching its peak, a reversal is likely to occur. The hanging man candlestick pattern is…
What is Happiness Economics? Happiness economics is a study that uses econometric analysis to measure the relationship between individual satisfaction and economic issues. The factors measured in happiness economics include economic security, quality of work, quality of consumption, leisure time, relationships, environment, and freedom and control. Econometric analysis is the application of mathematical, statistical, and…
What is a Hammer Clause? A hammer clause (also referred to as a blackmail clause) is a clause relating to an insurance policy that allows the insurer to compel the insured to settle a claim. Settling a claim is much more beneficial than going to court because both parties involved avoid an assortment of different…
What is Hacktivism? Hacktivism refers to a social or political activist act that is performed by people known as “hacktivists.” Hacktivists attack by using a plethora of hacking methods that allow them to gain access to personal computers, where they can take control and gain private information. In most cases, hacktivism is not used for…
What is the Halo Effect? The halo effect (also referred to as the halo error) is a form of cognitive bias that occurs when a consumer demonstrates favoritism towards a company’s product line. Such favoritism is caused by positive brand experiences and creates brand loyalty. It is referred to as the halo effect to symbolize…
What is the Habendum Clause? The habendum clause is a clause in deed or lease contracts that defines the lessee’s rights, types of interest, and other details of ownership. Consisting of basic legal language, they are included in real estate and mineral rights agreements to provide a clear understanding of the contractual terms. The habendum clause…
What is Haggling? Haggling occurs when two parties involved in a transaction negotiate until a common ground is met. Common ground is met when the two parties involved make back-and-forth offers until a price is agreed upon. The price agreed upon is generally fair and equitable for both parties involved. Haggling is another word for…
What is Hammering? Hammering is a term used for when speculators in a financial market rapidly sell stocks that are perceived to be overvalued. It is done to save potential financial losses. Most commonly, hammering comes after an asteroid event. What is a Speculator, Stock, and an Asteroid Event? A speculator is someone who uses…
What is the Expedited Funds Availability Act (EFAA)? The Expedited Funds Availability Act (EFAA) is a United States law that requires banks to make deposits and checks available within a standardized period. The law was enacted in 1987 to control the holding periods on the funds deposited in customers’ accounts in commercial banks. Expedited Funds…
