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  2. Financial mismanagement - Wikipedia

    en.wikipedia.org/wiki/Financial_mismanagement

    There are many ways of how financial mismanagement is carried out. For example, the wrong distribution of responsibility, to be remiss with payments, bills and taxes and neglecting responsibility, financial problems and economical standing can cause great financial mismanagement and further on devastate your economy .

  3. Money laundering - Wikipedia

    en.wikipedia.org/wiki/Money_laundering

    Money laundering is the process of illegally concealing the origin of money obtained from illicit activities (often known as dirty money) such as drug trafficking, underground sex work, terrorism, corruption, embezzlement, and treason, and converting the funds into a seemingly legitimate source, usually through a front organization.

  4. Toxic asset - Wikipedia

    en.wikipedia.org/wiki/Toxic_asset

    Prior to the crisis, banks and other financial institutions had invested significant amounts of money in complicated financial assets, such as collateralized debt obligations and credit default swaps. The value of these assets was very sensitive to economic factors, such as housing prices, default rates, and financial-market liquidity.

  5. Economics terminology that differs from common usage

    en.wikipedia.org/wiki/Economics_terminology_that...

    In econometrics, the estimate of the effect of one thing on another (say, the estimate of the effect of the minimum wage upon employment decisions) is said to be "biased" if the technique that was used to obtain the estimate has the effect that, a priori, the expected value of the estimated effect differs from the true effect, whatever the ...

  6. List of fallacies - Wikipedia

    en.wikipedia.org/wiki/List_of_fallacies

    Fallacy of accent – changing the meaning of a statement by not specifying on which word emphasis falls. Persuasive definition – purporting to use the "true" or "commonly accepted" meaning of a term while, in reality, using an uncommon or altered definition. (cf. the if-by-whiskey fallacy)

  7. 40 Bad Money Habits You Need To Break - AOL

    www.aol.com/finance/40-bad-money-habits-break...

    Your App Addiction. In the list of things to waste money on, smartphone apps are a big one. Those $1.99 purchases seem inexpensive enough, but they can snowball -- especially if you have kids who ...

  8. Escalation of commitment - Wikipedia

    en.wikipedia.org/wiki/Escalation_of_commitment

    The company over time made cuts to their company to stay afloat. The company believed that their image of being an airline was more important than being a successful company that they removed all of the assets that were in fact making them the largest amount of revenue only to save the image they thought they needed to remain to be Pan Am. [ 1 ]

  9. Why is it called Black Friday? Here's the real history behind ...

    www.aol.com/news/why-called-black-friday-heres...

    But the holiday has found its way into other historical moments. In 1910, suffragette demonstrators marched on a Friday in London , the culmination of a decades-long campaign by British women ...