Business Expansion Scheme (BES)
An overview and analysis of the Business Expansion Scheme (BES), a UK fiscal initiative designed to encourage venture capital investments in new businesses.
Backward-Bending Supply Curve
A supply curve illustrating how supply increases with price up to a certain point before declining, often influenced by the interplay between the income and substitution effects.
Bank of Credit and Commerce International
An entry detailing the significance, collapse, and implications of the Bank of Credit and Commerce International (BCCI) in the banking sector.
Beta Coefficient
A measure of how variations in the return on a particular share correlate with variations in the return on a market index.
Bid - Definition and Meaning
An overview of the term bid, including its definition and relevance in economics, particularly in relation to hostile and takeover bids.
Brand Loyalty
An exploration of brand loyalty, its economic implications, and its impact on consumer behavior and market dynamics.
'Bad Money Drives Out Good' - Definition and Meaning
An exploration of the economic principle that 'bad money drives out good,' commonly known as Gresham’s Law.
Backdoor Monetary Policy
The conduct of monetary policy through channels that are not publicly observable.
Backward Integration
The expansion of a firm’s activities to include the production of inputs formerly sourced from outside.
Backwardation
A situation in which the futures price of a commodity is lower than the spot price.