Snowballing
From Free net encyclopedia
Snowballing is:
- A situation in which the exercise of stop orders in a declining market or advancing market or specific share creates further downward or upward pressure, triggering more stop orders, magnifying the decline or advance.
- In social science research, snowball sampling, or "snowballing," is a technique for developing a research sample.
- A sexual practice in which human semen is orally exchanged between two or more people - see snowballing (sexual practice)
- The throwing of snowballs
- A 1984 film comedy directed by Charles E. Sellier Jr. depicting several teenagers at a ski resort. It is often likened to the much more popular 1982 film, Porky's.
- A method of paying down credit card debt. Pay the minimum on all balances, except the one with the highest interest rate. To that account, apply as much cash as possible. When that debt is eliminated, start paying the maximum on the debt with the next-highest-interest. As you eliminate debts, the maximum that you can pay will grow, and the debt will be eliminated more quickly. By snowballing your debts in the correct order, you can save quite a bit in interest. See this snowball calculator.
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