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Definitions
Position
Finance
Investment
Stock Market
Trading
Understanding the various types of positions in financial markets, including long, open, and short positions
Read more about Position.
Definitions
Positional Good
Economics
Positional Good
Consumer Behavior
Social Status
A good whose value to consumers depends on its desirability ranking or relative consumption by others.
Read more about Positional Good.
Definitions
Positive Economics
Positive Economics
Economic Theory
Descriptive Economics
A branch of economics that describes and explains economic processes and predicts the outcomes of institutional or policy changes, without making value judgements.
Read more about Positive Economics.
Definitions
Post Office Savings
Finance
Savings
Economics
A financial saving system provided by post offices, offering secure saving options for the public.
Read more about Post Office Savings.
Definitions
Posterior - Definition and Meaning
Economics
Bayesian Econometrics
Posterior
Bayesian Inference
The revised belief or distribution of a parameter in Bayesian econometrics obtained through Bayesian updating.
Read more about Posterior - Definition and Meaning.
Definitions
Potential Competition
Economics
Competition
Market Structure
Understanding potential competition and its implications in economics
Read more about Potential Competition.
Definitions
Potential Output
Economics
Potential Output
Output Gap
NAIRU
A measure of the productive capacity of an economy considering stable inflation and the non-accelerating inflation rate of unemployment.
Read more about Potential Output.
Definitions
Pound
Currency
UK
Economics
Definition and meaning of the term 'Pound' in economics, including its uses and contexts.
Read more about Pound.
Definitions
Poverty
Poverty
Economics
Standard of Living
Inability to afford an adequate standard of consumption. Variations in definition over countries and time.
Read more about Poverty.
Definitions
Poverty Line
Poverty
Economics
Income
Inequality
An income level supposed to be just enough to avoid less-than-adequate consumption.
Read more about Poverty Line.
Definitions
Poverty Reduction and Growth Facility
Poverty Reduction
IMF
Debt Relief
Economic Growth
Development Economics
A division within the International Monetary Fund focused on concessional lending and debt relief for the world's poorest countries.
Read more about Poverty Reduction and Growth Facility.
Definitions
Poverty Trap
Poverty
Economic Development
Inequality
A situation in which poverty outcomes reinforce themselves, acting as causes of poverty.
Read more about Poverty Trap.
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Economics Terms Lexicon
Ultimate Dictionary of Economics and Beyond.
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