- Industry: Education
- Number of terms: 31274
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A list of prices and corresponding quantities demanded, or the graph of that information. Thus a demand curve.
Industry:Economy
A shock on the demand side of a market. Thus an unexpected shift, up or down, in the demand curve.
Industry:Economy
A cost associated with delay. It takes different forms in different contexts, such as when a ship is delayed in loading or unloading, or when currency or gold are held over time.
Industry:Economy
An amount of money placed with a bank for safekeeping, convenience, and/or to earn interest.
Industry:Economy
1. A fall in the value of a country's currency on the exchange market, relative either to a particular other currency or to a weighted average of other currencies. The currency is said to depreciate. Opposite of "appreciation. "
2. The decline in value or usefulness of a piece of capital over time, and/or with use.
Industry:Economy
A severe recession that lasts several years and/or involves a loss of real GDP of more than 10%. (There is no standard definition. )
Industry:Economy
1. In mathematics, the ratio of the change in a variable to the infinitessimal change in another variable upon which it depends. Often used in economics to specify both assumptions and results of models. 2. In financial markets, a financial instrument whose value depends on some other financial variables. Old examples include forward and futures contracts.
Industry:Economy
1. Depreciation. 2. A fall in the value of a currency that has been pegged, either because of an announced reduction in the par value of the currency with the peg continuing, or because the pegged rate is abandoned and the floating rate declines. 3. A fall in the value of a currency in terms of gold or silver, meaningful only under some form of gold standard or silver standard.
Industry:Economy
A country whose per capita income is low by world standards. Same as less developed country. As usually used, it does not necessarily connote that the country's income is rising.
Industry:Economy
