Examlex
ERISA established the Pension Benefit Guaranty Corporation (PBGC).
Inefficiency
The state of not achieving maximum productivity; failing to make the best use of time, resources, or energy.
Technological Advances
Refers to the progress in technological development that leads to new or improved goods and services, manufacturing processes, or the development of new markets, impacting economic growth and productivity.
Berkshire Hathaway
A multinational conglomerate holding company led by Warren Buffett, known for its long-term investments in a diverse range of businesses and industries.
Treasury Bill
Short-term government securities issued at a discount from the par value and mature in a year or less, serving as a tool for managing short-term liquidity.
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