Understanding the difference between “consequential” and “subsequent” is crucial for accurate communication. Using “consequential” implies a significant level of impact or importance, which might not be the intended message if something is merely following another in time without having notable impli...
Ever heard the term “recession?” Chances are, your definition is quite different from what economists actually mean when they use the word. In this article, we’ll take a closer look at what a recession is and explore some of the reasons why this economic decline happens. What Does Reces...
What precisely triggered off yesterday's riot is still unclear... 究竟是什么引发了昨天的骚乱还不清楚。 柯林斯高阶英语词典 What I wanted, more than anything, was a few days' rest... 我最想要的就是能休息几天。 柯林斯高阶英语词典 She had been in what doctors described as an irreversible ve...
Larsen says undergraduate students at the University of Houston on academic probation for having an overall cumulative GPA that has fallen below 2.0 and whose subsequent semester GPA falls below 2.0 will be placed on academic suspension. She says the first suspension is for at ...
Lenders will usually send a letter after one missed payment, instructing you to make up any arrears through subsequent monthly payments. You will likely be charged an administration fee for the letters sent by your lender. In most cases, the fees will then be added to your debt. ...
Here’s an example: Khaled Hosseini’s novel The Kite Runner is about a young man’s childhood in Afghanistan as the Taliban takes over and his subsequent emigration to the United States with his father. If you read a synopsis of the novel’s plot, you will find something similar to this...
With a traditional deferred annuity there is a first year interest rate guarantee but the rate in subsequent years is set by the insurance company at its discretion, so long as the future interest rate remains at least above the annuity's so-called floor rate or minimum guaranteed rate....
What Does Marginal Benefit Mean for Producers? For manufacturers and other suppliers, the marginal benefit for a good represents the incremental profit that they can make by selling additional units of a certain good. This is not necessarily the same as the expected per-unit profit. For example...
A crack-up boom is the crash of the credit and monetary system due to continual credit expansion and price increases that cannot be sustained long-term.
Amortization is an accounting technique used to periodically lower the book value of a loan or intangible asset over a set period of time.