3/27 Adjustable-Rate Mortgage (ARM)
• A 3/27 adjustable-rate mortgage (ARM) is a 30‑year home loan that has a fixed interest rate for the first 3 years, then a…
30-Year Treasury: Meaning, History, Examples
• The 30‑year Treasury is a U.S. government bond (a long‑term debt security) that matures 30 years after issuance. It pays interest twice a…
25% Rule: What it Means, How it Works, Rules
• The phrase “25% rule” is a rule of thumb—that is, a customary guideline, not a law—used in two different contexts: 1. Public finance:…
2011 U.S. Debt Ceiling Crisis: Meaning and Outcome
Definition – Debt ceiling: the statutorily set limit on the total amount of federal debt that the U.S. Treasury may have outstanding. It does…
2000 Investor Limit: What It is, How It Works, Example
• The “2,000 investor limit” is a regulatory threshold under the U.S. securities laws. If a private company has more than 2,000 individual investors…
1979 Energy Crisis: Definition, History, Causes, and Impact
What it was (short): In 1979 a global disturbance in crude-oil supplies produced a sharp jump in oil and gasoline prices and widespread consumer…
18-Hour City: What it Means, How it Works, Examples
An 18-hour city is a mid-size urban area—typically under about one million residents—whose public services, job opportunities, cultural amenities, and infrastructure are high quality…
183-Day Rule: Definition, How It’s Used for Residency, and Example
Definition The 183-day rule is a commonly used threshold for deciding whether an individual is a tax resident of a country. “Tax resident” means…
130 30 Strategy
The 130-30 strategy is a type of long/short equity approach used mostly by institutional managers and some active mutual funds or ETFs. In plain…
12B-1 Plan: What It Means, How It Works, Disclosure
A 12b‑1 plan is a formal arrangement used by mutual funds to pay for distribution and shareholder‑service activities. Named after Rule 12b‑1 of the…