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What does share holder means?

The term ‘shareholder’ is used to denote any person, institution or company that has ownership of at least one share of a company’s stocks, also referred ...

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Knowledge Base

Latest insights and tutorials from the The Daily Horizon team.

What was the DJIA on Dec 31 2008?

8,666.48 ^DJI – Dow Jones Industrial Average Date Open Close* Dec 31, 2008 8,666.48 8,776.39 Dec 30, 2008 8,487.51 8,668.39 Dec 29, 2008 8,515.87 8,483.93...

Which of the following provides a suite of integrated software modules for finance?

ERP which means Enterprise Resource Planning is a software that uses a centralized database, it helps to hasten business processes thereby reducing the us...

Can a CFA do financial planning?

While the CFA is the best designation to pursue in terms of investment knowledge, it certainly does not cover all of the aspects of financial planning. In...

Does comprehensive insurance cover hydroplaning?

This coverage could help if you unfortunately hit someone else’s vehicle or someone were to hit you, hydroplaning or for a large number of other circumsta...

What is the rating of State Farm insurance?

State Farm auto insurance earned 4.5 stars out of 5 for overall performance. NerdWallet’s ratings are determined by our editorial team. How much does Stat...

Why was the stock market crash called Black Thursday?

Panic selling began on “Black Thursday,” October 24, 1929. Many stocks had been purchased on margin—that is, using loans secured by only a small fraction ...

What is a morale hazard in insurance?

Morale Hazard — a term used to describe a subjective hazard that tends to increase the probable frequency or severity of loss due to an insured peril. Wha...

Do you get insurance money if your car is stolen?

Does car insurance cover theft? Car insurance can cover a stolen car, but only if you have comprehensive coverage. Comprehensive insurance pays the curren...

What happens when a country invests in human capital?

Human capital affects economic growth and can help to develop an economy by expanding the knowledge and skills of its people. Investing in workers has had...