Inventory Write Off
Key takeaways – An inventory write-off formally removes inventory that no longer has economic value from the books. – Two common accounting approaches: the…
Home Affordable Refinance Program Harp
Key takeaways – HARP was a federal program launched after the 2008 financial crisis to help homeowners who were “underwater” (owed more than their…
Home Affordable Modification Program Hamp
Key takeaways – HAMP was a federal loan-modification program created in 2009 under TARP to help struggling homeowners avoid foreclosure; it expired at the…
Holographic Will
Key takeaways – A holographic will is a will written entirely in the testator’s own handwriting and signed by that person. It usually needs…
Introducing Broker
An introducing broker (IB) is a financial professional or firm that maintains a direct relationship with clients interested in trading futures but outsources trade…
Hollywood Stock Exchange Hsx
• The Hollywood Stock Exchange (HSX) is an online prediction market/game where players trade virtual securities tied to movies, actors and other entertainment outcomes…
Hollowing Out
Key takeaways – “Hollowing out” describes the long-term erosion of middle-skill, middle-wage manufacturing jobs when production moves offshore or is automated, concentrating income at…
Holding Company Depository Receipt Holdr
• A Holding Company Depository Receipt (HOLDR) was a Merrill Lynch–created security that packaged a fixed basket of publicly traded stocks from a single…
Intrapreneurship
Intrapreneurship is the practice of behaving like an entrepreneur while working inside an established organization: employees (intrapreneurs) take initiative, develop new products, services, processes,…
Intrapreneur
An intrapreneur is an employee who treats an initiative inside an existing organization much like an entrepreneur would treat a startup: they generate, develop,…