What Is a Hostile Takeover Bid? A hostile takeover bid is an attempt to buy a controlling interest in a publicly-traded company without the consent or cooperation of the target company’s board of directors. If the board rejects an offer from a potential buyer, there are three possible courses of action for the would-be acquirer: make
What Is a Hot Issue? In finance, the term “hot issue” is used to describe an upcoming initial public offering (IPO) that is particularly popular among the investing public. Hot issues are typically oversubscribed by investors, meaning that their demand outstrips their supply. In those instances, many speculators may be attracted by the prospect of
What Is Hot Money? Hot money signifies currency that quickly and regularly moves between financial markets, that ensures investors lock in the highest available short-term interest rates. Hot money continuously shifts from countries with low-interest rates to those with higher rates. These financial transfers affect the exchange rate and potentially impact a country’s balance of
What is the Hot Waitress Economic Index? The hot waitress economic index is an offensive and dubious economic indicator that counts the number of attractive people working as servers. According to what we will refer to as the attractive server index, the higher the number of good-looking servers, the weaker the current state of the
What Is an Hourly Clause? An hourly clause, also known as an hours clause, is a provision in a reinsurance contract requiring the time at which a loss occurs to be reported, and, sometimes, restricting coverage to a certain time frame. Hourly clauses are most commonly found in catastrophe reinsurance property policies. Key Takeaways Hourly
What Is a House Call? A house call is a demand by a brokerage firm that an account holder deposit enough cash to cover a shortfall in the amount of money deposited in a margin account. This typically follows losses in the investments bought on margin. The call is made when the account balance has
What Is Household Income? The term household income generally refers to the combined gross income of all members of a household above a specified age. Household income includes every member of a family who lives under the same roof, including spouses and their dependents. The incomes of everyone count even if they aren’t all used
What Are Household Expenses? Household expenses represent a per-person breakdown of general living expenses. They include the amount paid for lodging, food consumed within the home, utilities paid, and other costs. The sum of all the expenses is then divided by the number of family members residing in the house in order to find each
What Is a House Maintenance Requirement? A house maintenance requirement is the level of minimum margin account equity that is required by a brokerage firm. House maintenance requirement levels are based on the standards set out in Regulation T of the Federal Reserve. Although Regulation T specifies the minimum maintenance requirements permitted by law, brokerage
What Is House Poor? “House poor” is a term used to describe a person who spends a large proportion of his or her total income on homeownership, including mortgage payments, property taxes, maintenance, and utilities. Individuals in this situation are short of cash for discretionary items and tend to have trouble meeting other financial obligations, such as vehicle payments.
