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Definitions
Troubled Asset Relief Program (TARP)
TARP
2008 Financial Crisis
Economic Stabilization
A US government programme designed to improve liquidity and stability of the financial system by purchasing troubled assets from financial institutions during the 2008–9 financial crisis.
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Definitions
Trough
Economics
Business Cycle
Trough
The lowest period for real incomes or activity in a business cycle.
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Definitions
True and Fair View
Accounting
Financial Reporting
Auditing
The principle that financial accounts should provide a correct and honest impression of the financial state of a company.
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Definitions
Trust
Economics
Game Theory
Asymmetric Information
Trust
An exploration of trust in economic contexts, particularly in situations of asymmetric information and repeated games.
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Definitions
Trustee
Trustee
Economics
Finance
Law
An individual or company legally responsible for administering property on behalf of a beneficiary.
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Definitions
Turnkey Project
Turnkey Project
Investment
International Trade
Economic Development
An in-depth look into turnkey projects, their structure, benefits, and place in economic theory and practice.
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Definitions
Turnover Tax - Definition and Meaning
Turnover Tax
Economics
Taxation
Vertical Integration
Value-Added Tax
A comprehensive entry explaining the concept, implications, and comparative analysis of turnover tax in economics.
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Definitions
Turnpike Theorem
Economics
Growth Theory
Optimal Path
A characterization of the optimal, or welfare-maximizing, growth path for the economy in growth theory.
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Definitions
Two-Gap Model
Economic Development
Less Developed Countries
Savings-Investment Gap
Foreign Exchange Gap
Definition and Meaning of the Two-Gap Model in Economics
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Definitions
Two-Part Tariff
Pricing Strategy
Consumer Behavior
Price Discrimination
Economics
An economic pricing strategy where customers pay a higher price up to a set quantity, and a lower price thereafter.
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Definitions
Two-Sector Endogenous Growth Model
Endogenous Growth
Two-Sector Model
Economic Growth
Human Capital
A model in which physical and human capitals are produced in different sectors, leading to endogenous steady-state growth.
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Definitions
Two-Stage Least Squares
Econometrics
Endogeneity
Instrumental Variables
Regression
An econometric method addressing endogeneity in linear regression models by using instrumental variables.
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Economics Terms Lexicon
Ultimate Dictionary of Economics and Beyond.
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