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Definitions
Portable Pension
Portable Pension
Occupational Pension
Retirement Benefits
A detailed overview of a pension system that retains pension rights across different employers.
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Definitions
Price–Wage Spiral
Economics
Inflation
Wages
Prices
An economic concept where rising wages lead to higher prices, and higher prices lead to further wage increases.
Read more about Price–Wage Spiral.
Definitions
Procurement
Procurement
Economics
Government Spending
Policy
Corruption
Government purchase of goods and services, focusing on inefficiency, corruption, and protectionism.
Read more about Procurement.
Definitions
Production Externality
Economics
Externalities
Production
An external effect of production that impacts others who are not directly involved in the production process.
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Definitions
Profit Maximization
Economics
Business
Profit
The act of making as much profit as possible for a business, a key assumption in economic theory.
Read more about Profit Maximization.
Definitions
Profit-Sharing Arrangement
Economics
Finance
Business
A formal agreement between parties on the distribution of profit from a business venture.
Read more about Profit-Sharing Arrangement.
Definitions
Profit-Taking
Profit-Taking
Capital Gains
Asset Management
Investment
Speculation
The concept of selling an asset to realize accrued capital gains, considering the implications and risks involved in the decision-making process.
Read more about Profit-Taking.
Definitions
Property Income
Economics
Income
Property
An overview of property income, including its types and significance in the realm of economics.
Read more about Property Income.
Definitions
Property Market
Real Estate
Market
Economics
The system by which land and buildings are bought and sold
Read more about Property Market.
Definitions
Public Expenditure
Public Expenditure
Government Expenditure
Fiscal Policy
Economics
Public Finance
An overview and in-depth analysis of public expenditure, its types, purposes, and implications in various economic theories.
Read more about Public Expenditure.
Definitions
Public Ownership
Public Ownership
Government Ownership
Public Sector
Ownership of enterprises by the government, or by a government-controlled body.
Read more about Public Ownership.
Definitions
Public Sector - Definition and Meaning
Public Sector
Government
Economics
An explanation of the public sector, including its scope and boundaries within the economy.
Read more about Public Sector - Definition and Meaning.
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Economics Terms Lexicon
Ultimate Dictionary of Economics and Beyond.
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