Vitta Artha - Volume 7

Page 56

COMIC CORNER

Cookie jar accounting: An accounting practice in which a company stores up funds during good times to dip into during bad times. Because it effectively misleads investors — making them think goals are being met even when the company is losing footing.

Sandwich generation: It sounds like a fun term, but the sandwich generation actually refers to the age group sandwiched between their aging parents and young kids. These adults are typically tasked with financially supporting both their older and younger dependents while trying to save for their own retirements.

COMIC CORNER

Dead cat bounce: A small recovery after a sharp decline in price of a stock in the stock market. It is based on the old investment saying goes: "Even a dead cat will bounce if it is dropped from high enough."

VITTA ARTHA | 54


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.
Vitta Artha - Volume 7 by Finance Club IIM Amritsar - Issuu