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In economics and political science, fiscal policy is the use of government revenue collection ( taxes or tax cuts) and expenditure to influence a country's economy. The use of government revenue expenditures to influence macroeconomic variables developed in reaction to the Great Depression of the 1930s, when the previous laissez-faire approach ...
Admiralty law. The law of general average is a principle of maritime law whereby all stakeholders in a sea venture proportionately share any losses resulting from a voluntary sacrifice of part of the ship or cargo to save the whole in an emergency. For instance, should the crew jettison some cargo overboard to lighten the ship in a storm, the ...
Zim Integrated Shipping Services Ltd., commonly known as ZIM ( Hebrew: צים, tsim; a biblical word meaning "a fleet of ships", Numbers 24:24), is a publicly held Israeli international cargo shipping company, and one of the top 20 global carriers. [1] The company's headquarters are in Haifa, Israel; Founded in 1945, ZIM has traded on the New ...
Size premium. The size premium is the historical tendency for the stocks of firms with smaller market capitalizations to outperform the stocks of firms with larger market capitalizations. It is one of the factors in the Fama–French three-factor model.
A cargo ship discharging ballast water into the sea. Ballast water discharges by ships can have a negative impact on the marine environment. Cruise ships, large tankers, and bulk cargo carriers use a huge amount of ballast water, which is often taken on in the coastal waters in one region after ships discharge wastewater or unload cargo, and discharged at the next port of call, wherever more ...
Universal life insurance. Universal life insurance (often shortened to UL) is a type of cash value [1] life insurance, sold primarily in the United States. Under the terms of the policy, the excess of premium payments above the current cost of insurance is credited to the cash value of the policy, which is credited each month with interest.
Visitors to the mainland of the People's Republic of China must obtain a visa from one of the Chinese diplomatic missions unless they are citizens of one of the visa-exempt countries. The residents of Hong Kong, Macao, and Taiwan with Chinese nationality may stay in Mainland indefinitely as long as their travel documents are valid.
Politics of Taiwan. Visitors to the Republic of China (Taiwan) must obtain a visa or authorization in advance, unless they come from one of the visa exempt countries or countries whose nationals are eligible for visa on arrival. All visitors must hold a passport valid for 6 months (except citizens of Japan and the United States who are only ...
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