What Is Meant by Soft Money? Soft moneyrefers to a type of political giving that does not support specific candidates. Rather, it is donated to political parties and can be used for general party support. However, in practice, the line between supporting a political party versus its candidates...
What is meant by financial management? Financial management refers to the management of a company’s finances, including all money coming into the business, all money going out, and any cash or assets in reserve. What is the role of financial management?
What Is Meant by an Open-End or Closed-End Fund? Mutual funds and ETFs are both open-ended. The number of outstanding shares can be adjusted up or down in response to supply and demand. A closed-end fund (CEF) does not continuously offer its shares for sale but instead sells a fixed...
one step at a time. A state-machine workflow is fluid, with tasks that may go back and forth among different teams. A rules-driven workflow is complex and often involves “if this, then that” scenarios that can send the tasks down more than one path, depending on...
re not. Both sides are talking about large language models, the technology behind the current AI boom. It’s just that the way we talk about AI is more polarized than ever. In May, OpenAI CEO Sam Altman teased thelatest update to GPT-4, his company’s flagship model, bytweeting, “...
Zero Trust prioritizes security by locking down access until a user is verified. The challenge is making sure Zero Trust access management doesn’t impact workflows and performance. For instance, if an employee changes roles, they will need updated access to required data. If that role change ...
However, the lack of oversight caught the attention of quite a few regulatory agencies, causing them to crack down on many companies who conducted ICOs.This, in turn, gave rise to the STO.You can think of an STO as a regulated ICO. There are two main differences between an ICO and an...
That threshold is meant to make sure the household has enough money to cover other expenses like health care, food and transportation. It’s all based on Area Median Income (AMI). For example, according to HUD, the AMI is $119...
Explore the different types of online and offline scams to keep yourself and your business safe. Learn about how they work and what to look for.
Troublesome situations may also arise when, in the course of professional duties, an individual collects confidential information. Any information of this type used for personal gain by an employee is a huge conflict of interest, at least in the United States. The financial industry constantly grap...