Sociedad 2020
Breaking Taboos with Music: An Exploration of a Bold New Album (Sociedad 2020) Taboos are the unspoken rules of society, the topics and behaviors that are strictly off-limits. They are the cultural and social norms that are forbidden or strictly discouraged from being broken. But what happens when an artist chooses to break these taboos through their art? Meet Ed Keziah, the musician behind the groundbreaking album, Sociedad 2020. This innovative project takes on taboo subjects head-on, tackl...
Sociedad 2020
Breaking Taboos with Music: An Exploration of a Bold New Album (Sociedad 2020) Taboos are the unspoken rules of society, the topics and behaviors that are strictly off-limits. They are the cultural and social norms that are forbidden or strictly discouraged from being broken. But what happens when an artist chooses to break these taboos through their art? Meet Ed Keziah, the musician behind the groundbreaking album, Sociedad 2020. This innovative project takes on taboo subjects head-on, tackl...
Accounting Rate of Return (ARR): Definition, How to Calculate, and Example
What Is the Accounting Rate of Return (ARR)?The accounting rate of return (ARR) is a formula that reflects the percentage rate of return expected on an investment or asset, compared to the initial investment's cost. The ARR formula divides an asset's average revenue by the company's initial investment to derive the ratio or return that one may expect over the lifetime of an asset or project. ARR does not consider the time value of money or cash flows, which can be an integral p...
Accounting Rate of Return (ARR): Definition, How to Calculate, and Example
What Is the Accounting Rate of Return (ARR)?The accounting rate of return (ARR) is a formula that reflects the percentage rate of return expected on an investment or asset, compared to the initial investment's cost. The ARR formula divides an asset's average revenue by the company's initial investment to derive the ratio or return that one may expect over the lifetime of an asset or project. ARR does not consider the time value of money or cash flows, which can be an integral p...
Zero-Beta Portfolio
What Is a Zero-Beta Portfolio?A zero-beta portfolio is a portfolio constructed to have zero systematic risk, or in other words, a beta of zero. A zero-beta portfolio would have the same expected return as the risk-free rate. Such a portfolio would have zero correlation with market movements, given that its expected return equals the risk-free rate or a relatively low rate of return compared to higher-beta portfolios. A zero-beta portfolio is quite unlikely to attract investor interest in bull...
Zero-Beta Portfolio
What Is a Zero-Beta Portfolio?A zero-beta portfolio is a portfolio constructed to have zero systematic risk, or in other words, a beta of zero. A zero-beta portfolio would have the same expected return as the risk-free rate. Such a portfolio would have zero correlation with market movements, given that its expected return equals the risk-free rate or a relatively low rate of return compared to higher-beta portfolios. A zero-beta portfolio is quite unlikely to attract investor interest in bull...
Zero-Based Budgeting (ZBB)
What Is Zero-Based Budgeting (ZBB)?Zero-based budgeting (ZBB) is a method of budgeting in which all expenses must be justified for each new period. The process of zero-based budgeting starts from a "zero base," and every function within an organization is analyzed for its needs and costs. The budgets are then built around what is needed for the upcoming period, regardless of whether each budget is higher or lower than the previous one.KEY TAKEAWAYSZero-based budgeting is a technique used by c...
Zero-Based Budgeting (ZBB)
What Is Zero-Based Budgeting (ZBB)?Zero-based budgeting (ZBB) is a method of budgeting in which all expenses must be justified for each new period. The process of zero-based budgeting starts from a "zero base," and every function within an organization is analyzed for its needs and costs. The budgets are then built around what is needed for the upcoming period, regardless of whether each budget is higher or lower than the previous one.KEY TAKEAWAYSZero-based budgeting is a technique used by c...
Zero-Bound
What Is Zero-Bound?Zero-bound is an expansionary monetary policy tool where a central bank lowers short-term interest rates to zero, if needed, to stimulate the economy. A central bank that is forced to enact this policy must also pursue other, often unconventional, methods of stimulus to resuscitate the economy.KEY TAKEAWAYSZero-bound is an expansionary monetary policy tool where a central bank lowers short-term interest rates to zero, if needed, to stimulate the economy.Central banks will m...
Zero-Bound
What Is Zero-Bound?Zero-bound is an expansionary monetary policy tool where a central bank lowers short-term interest rates to zero, if needed, to stimulate the economy. A central bank that is forced to enact this policy must also pursue other, often unconventional, methods of stimulus to resuscitate the economy.KEY TAKEAWAYSZero-bound is an expansionary monetary policy tool where a central bank lowers short-term interest rates to zero, if needed, to stimulate the economy.Central banks will m...
