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Definitions
Strike Price
Options Trading
Finance
Derivatives
Economic definition and meaning of the term 'Strike Price'
Read more about Strike Price.
Definitions
Annuity Rate
Economics
Finance
Annuities
An overview of the annuity rate, including its background, major frameworks, and related concepts.
Read more about Annuity Rate.
Definitions
Domestic Product - Definition and Meaning
Economics
Domestic Product
National Product
Overview of the economic term 'domestic product,' its definition, historical context, and analytical frameworks.
Read more about Domestic Product - Definition and Meaning.
Definitions
Employers’ Association
Economics
Labor Relations
Employment
A body representing employers in some sector of the economy, often managing collective bargaining and lobbying efforts.
Read more about Employers’ Association.
Definitions
Supernormal Profit
Supernormal Profit
Economic Rent
Abnormal Profit
Pure Profit
Excess Profit
Understanding Supernormal Profit: Definition, Background, and Implications in Economics
Read more about Supernormal Profit.
Definitions
Fisher's Ideal Price Index
Economics
Price Index
Irving Fisher
An economic indicator calculated as the geometric mean of the Laspeyres and Paasche price indices for measuring price changes.
Read more about Fisher's Ideal Price Index.
Definitions
Official Financing
Balance of Payments
Foreign Exchange Reserves
International Monetary Fund
IMF
Central Bank
The official element in the balance of payments used to address discrepancies in a country’s current and capital account balances.
Read more about Official Financing.
Definitions
Offshore Fund
Offshore Fund
Tax Avoidance
Tax Evasion
International Finance
A descriptive entry providing an in-depth understanding of offshore funds, their contexts, and implications
Read more about Offshore Fund.
Definitions
Strategic Interaction
Economics
Game Theory
Strategic Interaction
Duopoly
A comprehensive examination of strategic interaction where the decisions of economic agents affect each other's payoffs, commonly analyzed through game theory.
Read more about Strategic Interaction.
Definitions
Adjustment Programme
Economics
Balance of Payments
IMF
Adjustment Programmes
A package of policy measures designed to cure balance-of-payments problems.
Read more about Adjustment Programme.
Definitions
Bankers Automated Credit System
Bankers Automated Credit System
BACS
Payments System
Banking
The system by which depositors instruct their banks to make payments to named accounts, widely used for payments such as dividends and wages.
Read more about Bankers Automated Credit System.
Definitions
Compensating Variation
Compensating Variation
Utility
Income Compensation
Economic Theory
Exploration of compensating variation, including definitions, historical context, and major theoretical frameworks.
Read more about Compensating Variation.
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Economics Terms Lexicon
Ultimate Dictionary of Economics and Beyond.
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