What Is a High-Net-Worth Individual (HNWI)? The term high-net-worth individual (HWNI) refers to a financial industry classification denoting an individual with liquid assets above a certain figure. People who fall into this category generally have at least $1 million in liquid financial assets. The assets held by high-net-worth individuals are usually easily liquidated and would
What Is Hoarding? Hoarding is the purchase and warehousing of large quantities of a commodity by a speculator with the intent of benefiting from future price increases. The term hoarding is most frequently applied to buying commodities, especially gold. However, hoarding is sometimes used in other economic contexts. For example, political leaders might complain that
What Is a Hobby Loss? The term hobby loss refers to a loss that results from a business deemed to be a recreational activity or hobby by the Internal Revenue Service (IRS). Taxpayers cannot claim and recoup this money when the agency says it is spent while pursuing a hobby. That’s because losses aren’t allowed
What Does HODL Mean? HODL is a term derived from a misspelling of “hold,” in the context of buying and holding Bitcoin and other cryptocurrencies. It’s also commonly come to stand for “hold on for dear life” among crypto investors. The term originated from a 2013 online post to the Bitcointalk forum where the typo appeared. The
What Is Holacracy? Holacracy is a system of corporate governance whereby members of a team or business form distinct, autonomous, yet symbiotic, teams to accomplish tasks and company goals. The concept of a corporate hierarchy is discarded in favor of a fluid organizational structure where employees have the ability to make key decisions within their
What Is the Herrick Payoff Index? The Herrick Payoff Index is a technical analysis tool that tracks price, volume, and open interest to identify potential trends and reversals in futures and options markets. Traders often use the indicator as a measure of crowd psychology and to follow money flows in order to make forward-looking decisions.
What Is the Hersey-Blanchard Model? The Hersey-Blanchard Model suggests no single leadership style is better than another. Instead of focusing on workplace factors, the model suggests leaders adjust their styles to those they lead and their abilities. Under the model, successful leadership is both task-relevant and relationship-relevant. It is an adaptive, flexible style, whereby leaders
DEFINITION of Heteroskedastic Heteroskedastic refers to a condition in which the variance of the residual term, or error term, in a regression model varies widely. If this is true, it may vary in a systematic way, and there may be some factor that can explain this. If so, then the model may be poorly defined
What Is Heteroskedasticity? In statistics, heteroskedasticity (or heteroscedasticity) happens when the standard deviations of a predicted variable, monitored over different values of an independent variable or as related to prior time periods, are non-constant. With heteroskedasticity, the tell-tale sign upon visual inspection of the residual errors is that they will tend to fan out over time
What Are Heuristics? A heuristic is a mental shortcut commonly used to simplify problems and avoid cognitive overload. Heuristics are part of how the human brain evolved and is wired, allowing individuals to quickly reach reasonable conclusions or solutions to complex problems. These solutions may not be optimal ones, but are often sufficient given limited timeframes
