Finance refers to monetary resources and to the study and discipline of money, currency and capital assets. As a subject of study, it is related to but distinct from economics, which is the study of the production, distribution, and consumption of goods and services. Based on the scope of financial activities in financial systems, the discipline can be divided into personal, corporate, and public finance.
The money market is a component of the economy that provides short-term funds. The money market deals in short-term loans, generally for a period of a year or less.
Terrorism insurance is insurance purchased by property owners to cover their potential losses and liabilities that might occur due to terrorist activities.
Universal health care is a health care system in which all residents of a particular country or region are assured access to health care. It is generally organized around providing either all residents or only those who cannot afford on their own, with either health services or the means to acquire them, with the end goal of improving health outcomes.
Structured finance is a sector of finance — specifically financial law — that manages leverage and risk. Strategies may involve legal and corporate restructuring, off balance sheet accounting, or the use of financial instruments.
A collateralized debt obligation (CDO) is a type of structured asset-backed security (ABS). Originally developed as instruments for the corporate debt markets, after 2002 CDOs became vehicles for refinancing mortgage-backed securities (MBS). Like other private label securities backed by assets, a CDO can be thought of as a promise to pay investors in a prescribed sequence, based on the cash flow the CDO collects from the pool of bonds or other assets it owns. Distinctively, CDO credit risk is typically assessed based on a probability of default (PD) derived from ratings on those bonds or assets.
An institutional investor is an entity that pools money to purchase securities, real property, and other investment assets or originate loans. Institutional investors include commercial banks, central banks, credit unions, government-linked companies, insurers, pension funds, sovereign wealth funds, charities, hedge funds, real estate investment trusts, investment advisors, endowments, and mutual funds. Operating companies which invest excess capital in these types of assets may also be included in the term. Activist institutional investors may also influence corporate governance by exercising voting rights in their investments. In 2019, the world's top 500 asset managers collectively managed $104.4 trillion in Assets under Management (AuM).
TransManche Link or TML was a British-French construction consortium responsible for building the Channel Tunnel under the English Channel between Cheriton in England, and Coquelles in France.
A risk pool is a form of risk management that is mostly practiced by insurance companies, which come together to form a pool to provide protection to insurance companies against catastrophic risks such as floods or earthquakes. The term is also used to describe the pooling of similar risks within the concept of insurance. It is basically like multiple insurance companies coming together to form one. While risk pooling is necessary for insurance to work, not all risks can be effectively pooled in a voluntary insurance bracket unless there is a subsidy available to encourage participation.
The Chiayi-Tainan Luka or abbreviated Chianan Luka was a professional baseball team in the Taiwan Major League (TML) that existed from 1997 to 2002. The team's home field included Chiayi County Baseball Stadium and Tainan Baseball Field. Except for winning championship in TML's first season in 1997, this team did not perform well throughout its history and it only ever attracted corporate sponsors in 2000 and 2001. As a result, this team used its home cities' names as its name for most of its existence rather than a company's name. After TML merged with the Chinese Professional Baseball League (CPBL) in 2003, this team merged with Taichung Agan and exchanged its name with Taipei Gida, which was further changed to Macoto Cobras since 2004.
The Rakuten Monkeys, formerly known as La New Bears (2004–2010) and Lamigo Monkeys (2011–2019), are a professional baseball team in the Chinese Professional Baseball League (CPBL) in Taiwan. Owned and administered by the Japanese technology conglomerate Rakuten, the Monkeys qualified for the playoffs in 2006 for the first time in team history, and by finishing with the best record in the entire season, gained an automatic berth for the Taiwan Series.
The Taiwan Major League Professional Baseball was a professional baseball league in Taiwan that operated from 1996 to 2003. It was established by TV tycoon Chiu Fu-sheng after a row over the Chinese Professional Baseball League (CPBL) broadcasting rights. The CPBL absorbed the TML in 2003.
The municipal treasurer is a position of responsibility for a municipality according to the locally prevailing laws. The treasurer of a public agency is elected by the voting public or is appointed by the municipal council or municipal manager. City treasurers are primarily responsible for managing the revenue and cash flow of the agency, banking, collection, receipt, reporting, custody, investment or disbursement of municipal funds.
The Michigan Municipal League is a nonprofit association of municipalities and municipal leaders in the State of Michigan. The group banded in 1899 under the motto “Cooperation solves any problem” to reflect the organizers’ combined purposes: exchange of information, shared learning, development of unified policies on matters of municipal concern, and to form a collective voice on matters including home rule for local government.
An investment fund is a way of investing money alongside other investors in order to benefit from the inherent advantages of working as part of a group such as reducing the risks of the investment by a significant percentage. These advantages include an ability to:
A tax transparent fund (TTF) - also known as an authorised contractual scheme fund - is the proposed authorised collective investment scheme structure in the United Kingdom once the UK Finance Bill 2012 becomes an act and when the Financial Services and Markets Act 2000 and the Corporation Tax Act 2010 are amended, sometime mid-2012. TTFs will then have the option to be based in the UK rather than in competing European domiciles. Both Luxembourg and Ireland have already introduced such structures, formally known as the Fond commun de placement (FCP) and the Common contractual fund (CCF).
Maximillian Hugo "Max" Starcke was a businessman and then a government official in Texas for 37 years, first as Mayor of Seguin, Texas, from 1928 to 1938 and then as Managing Director of the Lower Colorado River Authority from 1940 to 1955.
The Municipal Technical Advisory Service (MTAS) is an agency of the University of Tennessee Institute for Public Service (IPS) that provides assistance and training to municipal officials and employees in Tennessee, among them mayors, council members, city managers, city administrators, city recorders, and department heads.
Shane McFarland is an American politician who is currently serving as the 57th Mayor of Murfreesboro, Tennessee, since 2014. He was first elected on April 15, 2014, 40 years old, making him the youngest mayor in Murfreesboro history. McFarland was recently re-elected in 2022. Though elected in a non-partisan municipal election, McFarland is affiliated with the Republican Party.