摘要: A type of bad debt that is so old a person may have forgotten he or she owed it in the first place. The debt has likely been given up on by the company to which it was owed. Zombie debt can haunt a d[阅读全文:]
摘要: Formerly known as WorldCom, now known as MCI, this U.S.-based telecommunications company was at one time the second-largest long distance phone company in the U.S. Today, it is perhaps best known for [阅读全文:]
摘要: A shorthand term for "the year 2000" commonly used to refer to a widespread computer programming shortcut that was expected to cause extensive havoc as the year changed from 1999 to 2000. Instead of[阅读全文:]
摘要: A company that was once making a takeover attempt but ends up discussing a merger with the target company.
The implication is that the company attempting the takeover has chickened out, decidin[阅读全文:]
摘要: A class of self-made millionaires that live relatively modest lives. Instead of spending wealth on gaining luxurious items and living expensive lifestyles, these individuals prefer to make contributio[阅读全文:]
摘要: A slang term for a young urban professional who cannot afford property. Yupcaps are individuals in their late twenties or early thirties with a post secondary educations and a well-paying jobs who are[阅读全文:]
摘要: A slang term denoting the market segment of young urban professionals. A yuppie is often characterized by youth, affluence and business success.
Coined in the 1980s, the term yuppie was [阅读全文:]
摘要: A type of company policy that dictates that no employees would be terminated as a result of business based purposes dictated by th economy. This policy does not exempt termination as a result of poor [阅读全文:]
摘要: The lowest percentage of owed principal that a central bank can set. In monetary policy, the use of a 0% nominal interest rate means that the central bank can no longer reduce the interest rate to enc[阅读全文:]
摘要: A bank or financial institution with negative net worth. Although zombie banks typically have a net worth below zero, they continue to operate as a result of government backings or bailouts that allow[阅读全文:]