Examlex
Martin Seligman began his research career by studying learned helplessness in dogs, and later, in humans. He applied his findings to psychological problems in humans, including major depressive disorder, and he investigated why some people succumb to learned helplessness while others persist in the face of obstacles.
Present Value
The contemporary financial worth of a future sum or ongoing cash flows, evaluated at a designated rate of return.
Compounded Annually
A method of calculating interest where the interest earned each year is added to the principal, and the interest for the next year is calculated on the total amount.
Unamortized Discount
The portion of a bond discount that has not yet been charged to expense because the bond has not reached its maturity.
Times Interest Earned Ratio
A financial ratio that measures a company's ability to meet its debt obligations by comparing its income before interest and taxes (EBIT) to its interest expenses.
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