Small Business Development Center (SBDC) Definition

Small Business Development Center (SBDC) Definition

What Is a Small Business Development Center (SBDC)? Small Business Development Centers (SBDCs) provide free marketing, financing, and business-related assistance to local entrepreneurs. They are found in all states and Washington, D.C., Puerto Rico, and the U.S. territories. SBDCs exist as a partnership between the U.S. Small Business Administration (SBA) and usually a local college

Silver Same old Defined

Silver Same old Defined

What Is the Silver Standard? The silver standard is a monetary system in which the value of a country’s national currency is backed by silver. It is similar in nature to its famous counterpart, the gold standard.  The typical method for implementing a silver standard is to allow units of national currency to be converted

Who Used to be as soon as He and What Is the Kuznets Curve?

Who Used to be as soon as He and What Is the Kuznets Curve?

Who Was Simon Kuznets? Simon Kuznets, a Russian-American development economist and statistician, was awarded the 1971 Nobel Memorial Prize in Economics for his research on economic growth. He set the standard for national income accounting, enabling accurate estimates of gross national product to be calculated for the first time. Key Takeaways Simon Kuznets, a Russian-American

Sin Stock Definition

Sin Stock Definition

What Is a Sin Stock? A sin stock is a publicly traded company involved in or associated with an activity that is considered unethical or immoral. Sin stocks are generally in sectors that deal directly with morally dubious actions. They are perceived as making money from exploiting human weaknesses and frailties. Key Takeaways A sin

Single Filer

Single Filer

What Is a Single Filer? Single filers are taxpayers who file their federal income tax returns with the Internal Revenue Service (IRS) under the status “single.” This filing status is used by unmarried taxpayers who don’t qualify for any other filing status. Key Takeaways Single filer status is for unmarried people who do not qualify