Finance

Finance

Healthcare Stocks Appear Set to Move Higher

Healthcare companies have seen a surge in investor interest over the past year for obvious reasons. With 2021 off to a strong start, it’s clear that healthcare businesses and related assets are likely to remain front and center for the months to come. In this article, we will look at several charts from across the industry and attempt to determine …

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Substandard Insurance Definition

What is substandard insurance? A person who may not qualify for a standard insurance policy may receive a substandard insurance policy from an insurance provider. Substandard insurance policies contain special or restrictive provisions and will have higher premiums due to the higher risk posed by the individual. Since they are considered a higher risk, it increases the likelihood that the …

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Civil Rights Act of 1964

What Is the Civil Rights Act of 1964? The Civil Rights Act of 1964 was landmark legislation that addressed the prejudice occurring in society in the U.S. at the time. Through its 11 titles, it banned discrimination and segregation based on race, religion, natural origin, and sex in employment and in all public places, such as schools, hotels, restaurants, churches, …

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What Is GDP and Why Is It Important? A Guide

Gross Domestic Product (GDP) is one of the most widely used indicators of economic performance. GDP measures the total output of a national economy during a given period and is seasonally adjusted to remove quarterly variations based on weather or holidays. The most closely watched measure of GDP is also adjusted for inflation to measure changes in output rather than …

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Pick-Up Tax Definition

What is the collection tax? The collection tax was a inheritance tax levied by individual states, allowing them to share in the proceeds and revenues of federal estate taxes. Although states may have claimed a portion of federal tax on an individual’s estate transfers, the pickup tax did not increase the value of the estate. tax liability. The collection tax …

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Reloadable Debit Cards: How They Work

Reloadable debit cards allow you to periodically add money to your card balance, which you can then spend as needed. If you’re considering getting a reloadable debit card, here are some important things to know, including how they differ from regular bank debit cards. Key points to remember A reloadable or prepaid debit card is not the same as a …

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One-Time Charge Definition

What is a single charge? A one-time charge, in business accounting, is a charge on a company’s earnings that company executives expect to be an isolated event and is unlikely to recur. A single charge can either be a cash charge against revenue such as the cost of paying severance payments to terminated former employees or a non-monetary charge such …

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CBOE Options Exchange Definition

What is the CBOE Options Exchange? Founded in 1973, the CBOE Options Exchange is the largest in the world options swap with contracts based on individual stocks, indices and interest rate. Originally known as the Chicago Board Options Exchange (CBOE), the exchange changed its name in 2017 as part of a rebranding effort by its holding company, CBOE Global Markets. …

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Peak Pricing: Definition and Example

What is the maximum pricing? Peak pricing is a form of congestion pricing where customers pay additional charges during periods of high demand. Peak pricing is most often implemented by utility companies, which charge higher rates during times of the year when demand is highest. The purpose of peak pricing is to regulate demand so that it remains at a …

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LIBOR Alternatives

The London Interbank Offered Rate, better known as the LIBOR, was once the most important benchmark interest rate for pricing overnight and short-term loans that banks make to each other. This reference rate served as the basis for other types of loans made by financial institutions, including mortgages, car loans and financial products like credit default swaps (CDS). All of …

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