Mothballing Definition

What Is Mothballing? Mothballing is the deactivation and preservation of equipment or a production facility for possible future use or sale. It can also mean the setting aside of an object or idea for possible reuse or revisiting in the future. Mothballing is common with expensive capital goodsmachinery, aircraft, ships, properties, and other assets that…

Top 15 Truly Charismatic Female Series Characters That’s Rare Enough To Be Noted

I’m super happy to announce that this top was not easy to write because I had to make choices to select only 15 really well-written female characters from the series. This is good news, it means there are more YOUHOU. So we tried to select female characters who have something to say, who aren’t just…

Effective Duration: Definition, Formula, Example

What Is Effective Duration? Effective duration is a duration calculation for bonds that have embedded options. This measure of duration takes into account the fact that expected cash flows will fluctuate as interest rates change and is, therefore, a measure of risk. Effective duration can be estimated using modified duration if a bond with embedded…

Top 20 of the funniest tweets about Listenbourg, the country that Americans don’t know

Twitter has given us another moment of grace in recent days. It all started with a tweet from Gaspardo who, to poke fun at Americans who weren’t geo-deficient (pleonasm), invented a new country west of Portugal: Listenbourg. Everything could have ended there, and it would have already been funny, but the thing got carried away…