What Is Anchoring and Adjustment? Anchoring and adjustment is a phenomenon wherein an individual bases their initial ideas and responses on one point of information and makes changes driven by that starting point. The anchoring and adjustment heuristic describes cases in which a person uses a specific target number or value as a starting point
Ancillary Benefits Ancillary benefits are a secondary type of health insurance coverage that covers miscellaneous medical expenses that are incurred during a stay at the hospital. The definition of ancillary benefits means it can cover expenses such as ambulance transportation, blood, drugs, and medical supplies like bandages. These benefits are usually layered on top of major
What Is Ancillary Revenue? Ancillary revenue is the revenue generated from goods or services that differ from or enhance the main services or product lines of a company. Ancillary income is defined as the revenue generated that’s not from a company’s core products and services. Examples of ancillary revenue could be an ice-cream company that
Who Is Andrei Shleifer? Andrei Shleifer is a Harvard University professor and financial and behavioral economist. A past winner of the John Bates Clark Medal, given to top economists under age 40, Dr. Shleifer is a member of the vaunted Harvard-MIT axis of economic thinkers. Shleifer is frequently in the top rankings of economists, according
What Is the Android Operating System? The Android operating system is a mobile operating system that was developed by Google (GOOGL​) to be primarily used for touchscreen devices, cell phones, and tablets. Its design lets users manipulate the mobile devices intuitively, with finger movements that mirror common motions, such as pinching, swiping, and tapping. Google
What is Angel Bond? Angel Bond, opposite of ‘fallen angels’, is slang for an investment-grade bond with a high enough credit rating that banks can legally invest in them. Key Takeaways Angel Bond, opposite of ‘fallen angels’, is slang for an investment-grade bond with a high enough credit rating that banks can legally invest in
What Is an Angel Investor? An angel investor (also known as a private investor, seed investor or angel funder) is a high-net-worth individual who provides financial backing for small startups or entrepreneurs, typically in exchange for ownership equity in the company. Often, angel investors are found among an entrepreneur’s family and friends. The funds that
What Is Animal Mortality Insurance? Animal mortality insurance is a type of insurance product that protects the policyholder from financial losses resulting from the death of an animal. It is used in industries in which animals are an important revenue-generating asset, such as dairy farming, zoos, aquariums, and professional horse stables. Key Takeaways Animal mortality
What Is an Ankle Biter? Ankle biter is a slang term for a stock with low market capitalization. Understanding Ankle Biter Ankle biter is also used to describe very young children or possibly a small, aggressive dog. The idea is that both small children and dogs are so small that they can only reach one’s
What Is An Announcement Date? The announcement date is most commonly known as the date on which a company announces important details about a decision that has a high impact on business, or the company’s shareholders. The announcement date is the first day the public receives any information. The term announcement date can also refer
