The difference between the underwriting price received by the issuing company and the actual price offered to the public. Investopedia explains Gross Spread as – By charging the public a higher price for an IPO than the price paid to the issuing company, the underwriters are able to make a profit. For example a company might get $15 per share …
Read More »What is a flying saucer?
Many people have reported seeing unidentified flying objects, also known as UFOs, in the sky. Some of them described these objects in the shape of discs or saucers hovering overhead with a glow around them. These have been mostly interpreted as transport vehicles of aliens visiting earth, but photographs of them are now believed to be hoaxes. The first highly …
Read More »What is a fake-ation?
A fake-ation is a vacation where a large part of your time is spent reading emails and being engaged in other work-related tasks. It can also mean calling in sick when one is not, a problem-filled vacation or staying at home but making changes in the environment to make it seem like you are someplace else.
Read More »What is a bucket list?
A bucket list is a number of achievements which a person hopes to accomplish during his/her lifetime. It is also called a life list, drawn up to make life more interesting or goal-oriented, and ensure that it doesn’t just slip away. It could have to do with many aspects: work, family, travel, health, relationships, finance, contribution to society. A person’s …
Read More »What is a barcode?
Everyday you see bar codes in the world around you. You see them in supermarkets, on labels, greeting cards and consumable goods. By now you also realize that bar codes have replaced the traditional pricing of products. Bar codes can be used in every business around the world. For example: • to track assets in any building including every desk, …
Read More »What is a banana problem?
The term comes from the story of the little girl who said, “I know how to spell ‘banana’, I just don’t know when to stop”. The banana problem basically means not knowing where or when to stop. It is usually used in computer programming when an algorithm with improper termination commands leads to repetition. It also applies to a web …
Read More »What film-of-the-book won nine Awards by the Academy of Motion picture arts and Sciences in 1939?
This was Gone With The Wind by Margaret Mitchell. The awards it received were as follows: Best production, Clark Gable for best actor, Vivien Leigh for best actress, Hattie McDaniel for best supporting actress, direction, best-written screenplay, cinematography (colour), art direction, and film editing.
Read More »What famous mystery novel was left unfinished by which well-known author?
The Mystery of Edwin Drood was still incomplete when Charles Dickens suddenly died in 1870. Edwin Drood is a young man engaged to a lovely girl named Rosa Bud although little love exists between them. Rosa has attracted the attention of another young man, by name Neville Landless. Edwin and Neville quarrel violently one day and soon afterwards, Edwin and …
Read More »What does the Warsaw Convention signify?
The Warsaw Convention, which took place in Warsaw on October 12, 1929, comprising experts in the field of aviation law from 31 nations, intended to create a legal framework that binds international aviation even today. Its regulatory issues consist of mandates covering carriers to issue passenger tickets, baggage checks for luggage, compensation amount and limitation period for claiming compensation. It …
Read More »What does Realpolitik mean?
Realpolitik refers to politics or diplomacy based primarily on power and on practical and material factors and considerations, rather than ideological notions or moralistic or ethical premises. In this respect, it shares aspects of its philosophical approach with those of realism and pragmatism. The term realpolitik is sometimes used pejoratively to imply politics that are coercive, amoral, or Machiavellian. Realpolitik …
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