Related Words

Equal Employment Opportunity (EEO): A policy statement that equal consideration for a job is applicable to all individuals and that the employer does not discriminate based on race, color, religion, age, marital status, nation . . . View Full Definition

Nontraditional Employment: Used to define occupations or specific fields where women typically comprise less than 25 percent of the workforce.

Joint Employment: The relationship between a Professional employer organization or employee leasing firm and an employer, based on a contractual sharing of liability and responsibility for employees.

Interest Equalization Tax: An interest expense, such as interest on a margin account, that is allowed as a deduction for tax purposes.

Opportunity Cost: The potential benefit that is foregone from not following the best (financially optimal) alternative course of action.

Opportunity Cost Of Capital: Expected return that is forgone by investing in a project rather than in comparable financial securities.

Parallax Inequality: The variation in the range of tide or in the speed of a tidal current due to changes in the distance of the Moon from the Earth. The range of tide and speed of the current tend alternately t . . . View Full Definition

Opportunity Set: The possible expected return and standard deviation pairs of all portfolios that can be constructed from a given set of assets.

Opportunity Costs: The difference in the performance of an actual investment and a desired investment adjusted for fixed costs and execution costs. When not all desired trades can be implemented. Most valuable . . . View Full Definition

Inequality: A systematic departure from the mean value of a tidal quantity. See diurnal inequality, parallax inequality, and phase inequality.