What Does the Phrase Guns and Butter Mean? Guns and butter generally refer to the relationship between defense spending and social programs in a federal government’s budget allocations The phrase Guns and butter has come to summarize the dynamics involved in a federal government’s allocations to defense versus social programs […]
What Does it Mean to Boil the Ocean? To boil the ocean is an idiomatic phrase. An idiom is a phrase that means something different than its literal translation. Boiling the ocean means undertaking an impossible task or project or making a job or project unnecessarily difficult. The phrase appears […]
What Is Rogue Trading? Rogue trading is the practice of trading securities using another person or institution’s accounts and money without proper approval or oversight. What is a Rogue Trader? A rogue trader is a trader who behaves recklessly and without regard for authority or rules. Their actions can ultimately […]
Ancillary Health Insurance Ancillary Health Insurance adds supplemental coverage or extends the coverage you already have for expenses that often accompany many medical treatments. This coverage also refers to benefits that are used to supplement group health insurance. These can include highly sought-after employee benefits like dental, vision, and life insurance. […]
What is Bucketing in Finance and Stock Trading? Bucketing in finance is an unethical practice where a stockbroker confirms a requested trade has occurred without actually placing the order. As a result, the broker profits by deceiving the client about the execution of that specific trade. It specifically refers to […]
What Does it Mean to Accept Risk? To accept risk is a risk management strategy where the identified risk is considered acceptable enough that no expense or effort is made trying to limit or avoid it. Risk acceptance occurs when a business or individual decides that the potential loss from […]