What is Depreciation of Currency? When the exchange rate for a currency falls, so that a currency trades for less of other currencies, we refer to it as depreciating or “weakening.” Related Topics What Does it Mean to Dollarize Foreign Exchange Market Who Demands and Supplies Currency in a Foreign Exchange Market?  Foreign Direct Investment Greenfie...

What are the general priority rules for security interests? The following are the general priority rules for security interests: Perfected vs Unperfected Security Interests - A perfected security interest has priority over an unperfected security interest. This is true even if the unperfected security interest was established well before the perfect...

What is the Johari Window? The Johari window, proposed by Luft and Ingham, refers to a system or model that is primarily used in self-help groups and community settings to help people understand their relationship to and compatibility with others. The model categorizes descriptive adjectives or characteristics of individuals into four quadrants.  Th...

What is the Social Facilitation?  The social facilitation says that individuals will perform differently based upon the presence of observers. Specifically, individuals tend to perform better on easy or well-rehearsed tasks and worse on complex tasks or new ones. What is Audience Effect?  Audience effect refers to an individual's performance being b...

What are Lemon Laws? Lemon laws are a United States law that offers protection to consumers when they purchase vehicles or other lemon products that do not meet their intended usefulness. A lemon law is a legal protection that consumers enjoy when they buy defective vehicles. For instance, if a consumer buys a vehicle, especially a new one and it do...

What is the S-Score? An S-Score refers to a numerical value showing how investors and consumers feel about a given company, sector, index, or stock as expressed in social media. Those who create S-Score use data they gather from the monitoring engines of social media. It helps investors make trades and assists firms with decision making and market a...

What is the Bullwhip Effect (Supply Chain)? The Bullwhip effect is the theory that orders for goods at the start of the supply chain have a greater impact further down the chain. The bullwhip effect relates to orders sent to producers and suppliers that create greater variations than sales to the end customer. Variations in ordering have the possibi...

What is Earned Income? The term earned income is relevant for taxation purposes. It includes means any income derived from working for an organization or for someone or participating in any trade or business activity. The income can be either derived from rendering service to others or from your own business. Whether income is earned is important fo...

What is A Priori Probability? A priori Probability refers to the logical estimation of an incidents probability. It can also be explained as a situation where one estimates a circumstance or current information about the position of something. This probability deals with independent event whereby the possibility of a given event happening is not in ...

What is Banner Advertising? Banner Advertising, in regards to digital marketing, is a form of advertising that allows anyone to place an ad on another site through the use of attractive images. Banner advertising is image-centric, as the images communicate a series of messages for the audience. It can also be referred to as a "web banner. The primar...