Term of the Day: Robin Hood Effect

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	INVESTOPEDIA Term Of The Day September 7, 2015 Robin Hood Effect A phenomenon where the less well-off gain at the expense of the better-off. The Robin Hood effect gets its name from the folkloric outlaw Robin Hood, who, according to legend, stole from the rich to give to the poor. A reverse Robin Hood effect occurs when the better-off gain at the expense of the less well-off. Breaking It Down: The term "Robin Hood effect" is most commonly used in discussions of income inequality and... Read More Related to "Robin Hood Effect" Stop Keeping Up With The Joneses - They're Broke It used to be that spending money on status symbols for the sake of flaunting your wealth was an activity reserved for... Read More Tips For Handling Sudden Wealth There is nothing like the feeling of getting an unexpected sum of money. That joy is magnified when... Read More 3 Simple Steps To Building Wealth Building wealth - it's a topic that sparks heated debate, promotes quirky "get rich quick" schemes and... Read More Recently Added Definitions Return On Invested Capital - ROIC A calculation used to assess a company's efficiency at allocating the capital under its control to... Read More Time And Distance Policy A reinsurance treaty in which a ceding insurer transfers a lump sum of its premiums to a reinsurer... Read More Related Definitions Capitalism Economics Poverty Gap Egalitarianism Income Inequality Past Terms of the Day Economic Depreciation Depreciation Recession Bubble Theory Stock Market Crash You are currently subscribed as: mondemand.forex@blogger.com Unsubscribe | Unsubscribe From All | Manage Profile Investopedia US, A Division of IAC. Copyright © 2015, Investopedia, LLC. All Rights Reserved Follow Us: