Ten is an important number. It’s the number of years in a decade. The number that takes us to the double digits. 2019 was an important year – not only is it the tenth and final year of the 2010s, it’s also the year that popularized terms like “FIRE” and “ESG.” The business world is ever-changing, and so is the lexicon. In the spirit of reflection, here are Investopedia’s Top Terms of 2019:
- Negative Interest Rates – if interest rates dip below zero, lenders, not borrowers, pay the interest.
- Dark Web – encrypted online content that is not indexed by conventional search engines.
- FIRE – financially independent, retire early.
- Conventional Mortgage – any type of home buyer’s loan that is not from the government.
- Negative Bond Yield – if the price of the bond trades at a sufficient premium, the bond carries a negative yield.
- Exempt Employee – employees that don’t get overtime pay or minimum wage.
- Jay-Z –entrepreneur and co-founder of Marcy Venture Partners. Also famous for his music career and being married to Beyonce.
- Karl Marx – author of The Communist Manifesto and godfather of socialism. His ideas are experiencing a resurgence in the upcoming presidential election.
- Inverted Yield Curve – when long-term debt instruments have the same credit quality as short-term debt instruments, but lower yields.
- ESG – environmental, social, and governance investing. Not only are investors investing in business, they are getting involved in environmental, social and political causes.
The world is constantly evolving, and businesses must evolve with it. To learn more about growing your business in 2020, visit us at https://www.expenseanywhere.com/ or call us at 412-858-1111.