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Definitions
Productivity
Economics
Productivity
Output
Input
Total Factor Productivity
The amount of output per unit of input achieved by a firm, industry, or country.
Read more about Productivity.
Definitions
Professional Body
Professional Body
Economics
Standards
An organization of people with particular professional qualifications, aimed at maintaining and monitoring standards within a specific profession.
Read more about Professional Body.
Definitions
Profit - Definition and Meaning
Profit
Economics
Business
Finance
An excess of the receipts over the spending of a business during any period, including various financial transactions and asset valuations.
Read more about Profit - Definition and Meaning.
Definitions
Profit-and-Loss Account
Economics
Accounting
Finance
An account of an organization’s receipts and spending over a period, providing insights into profits and losses.
Read more about Profit-and-Loss Account.
Definitions
Profit-Sharing
Profit-Sharing
Employee Benefits
Incentive Schemes
Corporate Governance
A system where employees receive a share of the profits of their firm, enhancing motivation and interest in the company's profitability.
Read more about Profit-Sharing.
Definitions
Prohibitive Tariff
Tariffs
Trade Policy
Protectionism
A tariff set at a rate so high that no trade in the good concerned can take place.
Read more about Prohibitive Tariff.
Definitions
Propensity Score Matching
Econometrics
Causal Inference
Statistical Methods
A method of estimation of the causal effect of a treatment, or a policy intervention, in observational data.
Read more about Propensity Score Matching.
Definitions
Propensity to Consume
Economics
Consumption
Disposable Income
Marginal Propensity
Average Propensity
The tendency of individuals to spend a portion of their disposable income on consumption.
Read more about Propensity to Consume.
Definitions
Propensity to Save
Economics
Savings
Disposable Income
The proportion of disposable income which individuals do not desire to spend on consumption.
Read more about Propensity to Save.
Definitions
Property
Economics
Property
Real Property
Capital Stock
Understanding the concept of property, specifically real property, in economics and law.
Read more about Property.
Definitions
Property Developer - Definition and Meaning
Property Developer
Real Estate
Urban Development
Economic Risk
An exploration of the role, risks, and impact of property developers in the real estate market.
Read more about Property Developer - Definition and Meaning.
Definitions
Property Lending
Economics
Finance
Property Lending
Collateral
Mortgages
Lending to finance purchases of property, often using the property as collateral.
Read more about Property Lending.
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Economics Terms Lexicon
Ultimate Dictionary of Economics and Beyond.
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