An annuitant is a person who regularly receives money payments from an annuity. An annuity is a type of investment that gives fixed costs over time. Annuities are often used to provide income during retirement. The payments an annuitant receives are called distributions. They may be monthly, quarterly, or yearly and can last for a…
Concurrence means to agree with something or someone. You can also use the word concur instead of concurrence. Concurrence often happens in a couple of different ways. Coming to the same conclusion Sometimes, concurrence means different people think carefully about something and agree with each other. They make up their minds but still come to…
An annual inflation swap is a special agreement between two people or companies. This agreement is not bought and sold on a regular market like stocks. Instead, it is an “over-the-counter” deal. That means the two sides work out the details just between them. Exchanging Actual and Expected Inflation In an inflation swap, the two…
An annual aggregate limit is the most money an insurance company will pay you in one year. It does not matter how many times you claim in that year. Once the insurance company has paid you that maximum amount, they will not pay you anymore until the following year starts. Example of an annual aggregate…
An ankle biter stock is a small company stock. The market capitalization of an ankle-biter stock is less than 1 billion dollars. Market capitalization means the total dollar value of all the company’s shares. How Market Capitalization Works To calculate market capitalization, multiply the total number of a company’s shares by the current price of…
An angel investor is a person who invests their own money in a new, private company to own a part of it. The company is usually a startup that could grow fast. How Angel Investors Help Companies Angel investors help these new companies in a few critical ways: How Angel Investors Make Money Angel investors…
Analysis of Accounts Method is a way for a company to guess what its financial statements will look like. Financial statements are essential reports that show how much money a company made and spent and what it owns and owes. The two main financial statements are: Companies want to predict what their future financial statements…
Fitness app Strava has updated its API terms, restricting third-party apps from showing data and from using data to train AI models. The policy goes into effect on November 11, though Strava didn’t share the new terms until November 15. Strava announced that data about a user’s activity will now only be shown to that…
Arch Linux will use a license for package sources for the first time. The so-called 0BSD license, also known as the Zero-Clause BSD License, allows users to use material without attribution for their projects. Arch Linux states in an announcement that it is “potentially problematic” that no official license was ever used for package sources,…
Nvidia’s revenues rose significantly again in the third fiscal quarter of this year due to the sale of AI chips. Compared to the same period a year earlier, this is a growth of 94 percent. The expectation is that the development will be less rapid. Nvidia’s revenue in the third quarter of this year was…
