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Definitions
Technological Unemployment
Technological Unemployment
Labor Economics
Technology
Unemployment arising from advancements in technology leading to redundancy in certain job types.
Read more about Technological Unemployment.
Definitions
Test Discount Rate
Economics
Cost-Benefit Analysis
Public Policy
The real rate of return used in cost–benefit analysis by the UK government.
Read more about Test Discount Rate.
Definitions
Total Cost
Total Cost
Economics
Production Cost
An overview of the economics term 'Total Cost' including definitions, analytical frameworks, and related concepts
Read more about Total Cost.
Definitions
Wages Council
Labor Economics
Wages
Labor Policy
UK Economic History
A governmental body established to set minimum wages for specific industries or types of work.
Read more about Wages Council.
Definitions
Weak Convergence
Economics
Statistics
Convergence
Weak Convergence
An overview of weak convergence in the context of economics and statistics.
Read more about Weak Convergence.
Definitions
Write-Down
Write-Down
Asset Valuation
Accounting
Finance
A reduction in the recorded value of an asset when its fair market value has significantly dropped below its carrying amount.
Read more about Write-Down.
Definitions
Advisory, Conciliation and Arbitration Service (ACAS)
Economics
Labor Relations
Quango
Industrial Disputes
Mediation
A UK quango providing facilities for conciliation, arbitration, and mediation in industrial disputes.
Read more about Advisory, Conciliation and Arbitration Service (ACAS).
Definitions
Agricultural Protection
Agricultural
Protection
Trade
Economics
Exploring the mechanics and implications of governmental tariffs and trade controls aimed at supporting domestic farming sectors.
Read more about Agricultural Protection.
Definitions
Annualized Growth Rate
Economics
Growth
Annualized Growth Rate
Definition and meaning of the term annualized growth rate, including its background, historical context, and comparative analysis.
Read more about Annualized Growth Rate.
Definitions
Appropriation Bill
Economics
US Legislature
Public Finance
A US federal legislative bill authorizing expenditure.
Read more about Appropriation Bill.
Definitions
Arbitration
Economics
Dispute Resolution
Commercial Arbitration
Labour Disputes
A system for settling disputes by submitting them to the judgement of a mediator acceptable to both parties.
Read more about Arbitration.
Definitions
Asymptotic Distribution
Economics
Statistics
Probability Theory
A distribution used to approximate the true finite sample distribution of a random variable.
Read more about Asymptotic Distribution.
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Economics Terms Lexicon
Ultimate Dictionary of Economics and Beyond.
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