What is Data Security? Data security is a practice that involves the protection of digital information from unauthorized access, corruption, destruction, modification, theft, or disclosure. The data security process encompasses techniques and technologies such as security of physical hardware (e.g., storage devices), logical security of software applications, administrative and access controls, organizational policy standards, and…
What are Federal Agencies? Federal agencies are government departments, corporations, or establishments that are a branch of the federal government. They are formed to tackle a specific purpose, task, or issue – for example, regulation of industries, markets, and education. Federal agencies in the U.S. are created by legislation or presidential order for the purpose…
What is Insurance Coverage? Insurance coverage is the amount of risk, liability, or potential loss that is protected by insurance. It helps individuals recover from financial losses as a result of incidents, such as car accidents, damaged property, or unexpected health issues. In order to be covered for their losses, individuals pay an insurance premium….
What is the Hindenburg Omen? Hindenburg Omen, derived from Germany’s Hindenburg airship crash on May 6, 1937, is a technical indicator that foreshadows an increased probability of a looming stock market crash. The term was coined by James R. Miekka, and it derives its essence from the tragic crash of the airship that once stood…
What is the Herrick Payoff Index? The Herrick Payoff Index is a forward-looking technical analysis tool used to identify trends in derivative markets. Using price, volume, and open interest, the index provides an overview of money flow in the derivative markets, which investors can use as an indication of bullish or bearish trends. Open interest…
What is a Hedged Tender? A hedged tender is a strategy whereby a shareholder sells short a portion of their shares to hedge against a price drop in anticipation that not all of their tendered shares will be accepted. Understanding Hedged Tenders To understand hedged tenders, it is helpful to dive into their components: Tender…
What are Hara-Kiri Swaps? Hara-Kiri swaps were interest rate or cross-currency financial instruments that were popular in Japan in the 1980s to attract foreign investment into the country. The intention of the originator was solely to obtain foreign business and not to earn a profit. The demand decreased as foreign investment was allowed into the…
What is Marginal Propensity to Save (MPS)? The marginal propensity to save (MPS) refers to the portion of additional disposable income that is saved by a consumer. The MPS for any individual reflects how much one is willing to save, usually a fraction, for each added dollar of income. For example, if the MPS is…
What is the Marginal Rate of Substitution (MRS)? The marginal rate of substitution (MRS) is the quantity of one good that a consumer can forego for additional units of another good at the same utility level. MRS is one of the central tenets in the modern theory of consumer behavior as it measures the relative…
What is the Marginal Rate of Transformation? The marginal rate of transformation is the number of units of one product that can be increased by reducing the quantity of another product. It is also considered as the opportunity cost for generating an extra unit of output. It examines the number of good X that will…
