What Are Foreign Exchange Reserves? Foreign exchange reserves are assets held on reserve by a central bank in foreign currencies. These reserves are used to back liabilities and influence monetary policy. It includes any foreign money held by a central bank, such as the U.S. Federal Reserve Bank. Key Takeaways Foreign exchange reserves are assets…
Were you having a good time? It’s finish. I decided to kick your morale to zero and the urge to vomit to 8,000 because I’m a little bored at the moment, my friends are away and I’m on a mono-diet so I have to go ‘to keep busy. So, I made a small selection of…
What Is a Semivariance? Semivariance is a measurement of data that can be used to estimate the potential downside risk of an investment portfolio. Semivariance is calculated by measuring the dispersion of all observations that fall below the mean or target value of a set of data. Semivariance is an average of the squared deviations…
We’ve already told you about the cute animals that were actually big assholes, but in case you didn’t believe us… Did you know that some cute animals have actually killed people? Yes, humans, yes! When you are told to beware of appearances, bug! 1. A dog kills his mistress by biting An absolutely sordid story….
What Is a Senior Note? A senior note is a type of bond that takes precedence over other debts in the event that the company declares bankruptcy and is forced into liquidation. Because they carry a lower degree of risk, senior notes pay lower rates of interest than junior bonds. Key Takeaways Senior notes are…
Top 10 Series Endings That Made No Sense (And Why They Had to Wrap Up So Fast) For devoted fans, a TV series finale can feel like a significant cultural moment. After years of investment in the characters, storylines, and mysteries, we all hope for an ending that brings closure and satisfaction. But sometimes, the…
On the abandoned beach, shell and you know the rest a priori! If you too are impressed by their formidable claws or their foolproof shells, or almost. Because in real life we smash them well when we want to eat them (and not always in a nice way by the way). In short, fans of…
What Is the Average Daily Rate (ADR)? The average daily rate (ADR) is a metric widely used in the hospitality industry to indicate the average revenue earned for an occupied room on a given day. The average daily rate is one of the key performance indicators (KPI) of the industry. Another KPI metric is the…
The French linguistic history is phew, you will not come back (I would even say that the 3rd one will shock you). Yes, because there are both words that we had misunderstood from the beginning and words that have completely changed over time. Evolution is crazy, isn’t it? And it’s not about to stop because…