Term of the Day baby boomers


Term of the Day

baby boomers

People born between the end of World War 2 (1945) and the late 1960s,period during which the populations and economies of certain nations(particularly the US) boomed. This term was coined in 1974 when theadvertisers recognized the spending power and very different demands of these (then) youngsters.
Learn more about this term
Usage Example
As baby boomers begin to retire in increasing numbers, even more emphasis is being placed on the Gen Y workforce.

Term of the Day offer


Term of the Day

offer

  1. The lowest price that any investor or dealer has declared that he/she willsell a given security or commodity for. For over-the-counter stocks, the offer is the best quoted price at which a Market Maker is willing to sell astock. For mutual funds, the offer is the net asset value plus any sales charges. also called asked price or asking price or offering price or ask.
  2. To express a desire to enter into an arrangement or contract with anotherparty.
Learn more about this term
Usage Example
Before purchasing stocks, I looked at offers from multiple dealers and investors to ensure that I was getting the best deal.

Term of the Day leadership


Term of the Day

leadership

1. The individuals who are the leaders in an organization, regarded collectively.
2. The activity of leading a group of people or an organization or the ability to do this. Leadership involves:

A leader steps up in times of crisis, and is able to think and act creatively in difficult situations. Unlike management, leadership cannot be taught, although it may be learned and enhanced through coaching or mentoring. Someone with great …

Term of the Day inventory turnover


Term of the Day

inventory turnover

The ratio of a company’s annual sales to its inventory; or equivalently, the fraction of a year that an average item remains in inventory. Low turnover is a sign of inefficiency, since inventory usually has a rate of return of zero. For instance, if a company was able to generate $10 million in sales but averaged $5 million in inventory, the inventory turnover would be 10 million / 5 million = 2. This number indicates that there would be 2 inventory turns per year, meaning that it would take 6 months to sell all the inventory.

Learn more about this term
Usage Example
The automobile industry has a much lower inventory turnover rate than the food industry because it takes much longer to sell a car than it does to sell food.

Term of the Day foreign policy


Term of the Day

foreign policy

Plan of action adopted by one nation in regards to its diplomatic dealings with other countries. Foreign policies are established as a systematic way to dealwith issues that may arise with other countries.
Learn more about this term
Usage Example
The United States has a different foreign policy for almost every country, the policy can vary based on trade agreements among many other terms.

Did you know… … that today is National Comic Book Day?


Did you know…
… that today is National Comic Book Day? Comic books are great reading. They tell an ongoing story, provide humor, or offer intrigue and suspense. In all comic books, good eventually prevails over evil. So, comic books always make us feel good. Trivia fans: Comic books have their origins in 1700’s Japan and 1830’s Europe, and they were first popularized in the 1930’s in the United States.
~~~
Today’s Inspirational Quote:
“Life isn’t about waiting for the storm to pass, it’s about learning to dance in the rain.”
– Vivian Greene

Inspirational Quote of the Day


Never be afraid to raise your voice for honesty and truth and compassion against injustice and lying and greed. If people all over the world…would do this, it would change the earth.

William Faulkner

When William Faulkner (born September 25, 1927) won the Nobel Prize, he donated part of the award money to establish a fund encouraging young writers, which became the PEN/Faulkner award, and the rest to a scholarship for black teachers as a Mississipi university.

Term of the Day jurisdiction


Term of the Day

jurisdiction

Power or right of a legal or political agency to exercise its authority over aperson, subject matter, or territory. Jurisdiction over a person relates to the authority to try him or her as a defendant. Jurisdiction over a subject matter relates to authority derived from the country’s constitution or laws to consider a particular case. Jurisdiction over a territory relates to the geographic area over which a court has the authority to decide cases. Concurrent jurisdiction exists where two courts have simultaneous responsibility for the same case.
Learn more about this term
Usage Example
The state attorney’s office only has jurisdiction over that particular state and cannot reside over or make any decisions on acts that happen outside their state.

Term of the Day investment banking


Term of the Day

investment banking

Division of banking encompassing business entities dealing with creation ofcapital for other companies. In addition to acting as agents or underwriters for companies in the process of issuing securities, investment banks also advise companies on matters related to the issue and placement of stock.

Learn more about this term
Usage Example
Investment banking is a specific type of banking, that focuses mainly on creating capital for companies.

Ministry-wise PIB releases


Ministry-wise PIB releases