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
What Is the Announcement Effect? The announcement effect broadly refers to the impact that any type of news or public announcement—especially when issued by government or monetary authorities—has on financial markets. It is most often used when speaking of a change in security prices or market volatility that results directly from a piece of significant news
What Is Annual? The term “annual” refers to an event that occurs once a year. In the financial industry, annual events or reports may include taxes, shareholder meetings, and corporate filings such as a 10-K statement. These types of announcements are in contrast to those reported quarterly, such as a 10-Q or dividend payments. Other
What Is an Annual Mortgage Statement? An annual mortgage statement is a statement sent to a mortgagor by the mortgagee’s servicer. The statement typically indicates the interest paid on a mortgage, the current mortgage balance, the current interest rate, the term of the loan, the amount remaining on the mortgage term, the escrowed taxes and/or
