Keeping things low means not talking much about something, keeping quiet, staying hush-hush, and not spreading the word around town. You don’t tell everybody about your business when you keep it low. You play things close to the vest. Why Would Someone Keep Something on the Low? A person might want to keep things under…
When Katy Perry first galloped onto the pop scene, she was known for sugary, sweet hits. Songs like “I Kissed a Girl” and “California Gurls” were as light and fluffy as cotton candy. They were fun, flirty bops you couldn’t help but bop your head to. Perry’s breakout album “Teenage Dream” solidified her as the…
Dark Horse is a song by American singer Katy Perry. It came out in 2013 as a single from her album Prism. The song has Juicy J, a rapper, on it too. Most people say Dark Horse is a pop song. Pop is a kind of music lots of people listen to. It has catchy…
Averaging down means buying more of something when the price goes down. This makes the average price you paid for all of it lower. People do this with stocks and stuff like that. They think if they liked it at a higher price, they should like it even more at a lower price. So they…
Available for Sale (AFS) Accounting is a way for banks to keep track of some of the stuff they own, like certain investments and assets. Banks use AFS accounting for things they plan to buy and sell to make money. It’s a special set of rules they have to follow. Keeping Track of the Value…
ARCH is short for “Autoregressive Conditional Heteroskedasticity”. That’s a real mouthful! In simple terms, ARCH is a type of mathematical model. It looks at how numbers change over time. Not just any old numbers though. ARCH focuses on things like stock prices, interest rates, exchange rates – stuff that goes up and down a lot…
Automatic stay is a special rule that helps people or companies who owe a lot of money and can’t pay it back right now. When they go to bankruptcy court, this rule kicks in automatically. It’s like a big pause button that stops most people they owe money to from trying to collect their money…
Automatic proportional reinsurance is a kind of deal between two companies. One company is called an insurer and it sells insurance to regular people. The other company is called a reinsurer and it helps out the insurer if a whole bunch of bad stuff happens and the insurer has to pay lots of money. How…
Automatic nonproportional reinsurance is a type of insurance that one insurance company buys from another insurance company. It’s a way for the first company (called the “insurer”) to protect itself in case a lot of the people or businesses it insures have really big losses all at once. Here’s how it works: The two insurance…
Automatic coverage is a special type of insurance contract. It’s a way for people and businesses to stay protected without worrying about their insurance falling behind. How Automatic Coverage Works Here’s the gist – when you have automatic coverage, any time you get new stuff or your property value goes up, your insurance policy automagically…
