A macro manager is a type of boss or supervisor who takes a more hands-off approach and lets employees do their jobs with minimal direct supervision. This style of leadership is referred to as macromanagement. Macro managers can be thought of by some employees as supervisors who do not give them enough support or feedback to do their jobs effectively, while others may be glad to be trusted and left alone.
The manufacturer’s suggested retail price (MSRP) is the price a product’s producer recommends it be sold for in retail stores. The MSRP is also referred to as the list price by many retailers.
A Greenspan put is a name that implies a trading strategy of hedging against price risk. This phrase was popular during the 1990s and 2000s as a result of certain policies implemented by Federal Reserve Chairman Alan Greenspan during that time. Greenspan was chairman from 1987 to 2006. Throughout his tenure he attempted to help support the U.S. economy by actively using the federal funds rate as a lever for change.
A preferred dividend is a dividend that is accrued and paid on a company’s preferred shares. If a company is unable to pay all dividends, claims to preferred dividends take precedence over claims to dividends that are paid on common shares. The main benefit of preferred stock is that it typically pays much higher dividend rates than common stock of the same company.
A Guaranteed Minimum Withdrawal Benefit (GMWB) is a type of rider or contract attached to some annuity insurance policies. It guarantees the policyholder a steady stream of retirement income regardless of market volatility.
Net of tax refers to the amount left after adjusting for the effects of taxes. Net of tax can be a consideration in any situation where taxation is involved. Individuals and businesses often analyze before tax and after-tax values to make investment and purchasing decisions. Net of tax is also an important part of expense analysis when reviewing annual tax filings and the net income of businesses.
A Guaranteed Minimum Withdrawal Benefit (GMWB) is a type of rider or contract attached to some annuity insurance policies. It guarantees the policyholder a steady stream of retirement income regardless of market volatility.
Net of tax refers to the amount left after adjusting for the effects of taxes. Net of tax can be a consideration in any situation where taxation is involved. Individuals and businesses often analyze before tax and after-tax values to make investment and purchasing decisions. Net of tax is also an important part of expense analysis when reviewing annual tax filings and the net income of businesses.
A financial advisor provides financial advice or guidance to customers for compensation. Financial advisors, or advisers, can provide many different services, such as investment management, tax planning, and estate planning. Increasingly, financial advisors are providing a range of services from portfolio management to insurance products as a one-stop-shop.
A tax table is a chart that displays the amount of tax due based on income received. The tax rate in the table may be shown as a discrete amount, a percentage rate, or a combination of both. Tax tables are used by individuals, companies, and estates for both standard income and capital gains.