Economics Terms Lexicon - Authoritative Dictionary and Knowledge Tests

About Economics Terms Lexicon

Welcome to EconomicsTermsLexicon.com! Our site offers a comprehensive and authoritative dictionary of economic terms, providing detailed definitions and explanations. Each dictionary entry references books, official publications, and government websites to ensure accuracy and reliability.

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đź“š Comprehensive Content: Our lexicon covers a wide range of economic terms and concepts, thoroughly explained to help users understand even the most complex topics.

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Amortization
Explanation of amortization—the gradual buildup of a fund to replace an asset or repay a loan over a period.
Analysis of Variance
A statistical technique to decompose total population variance into parts to test significance of differences among groups.
animal spirits - Definition and Meaning
An economic concept introduced by John Maynard Keynes that refers to the instincts and emotions that influence human behavior in economic decision-making.
Announcement Effect
The effect of a policy change announcement prior to its actual implementation on economic behavior, contingent on the credibility of the policy-maker.
Annual Report and Accounts
Detailed account of a company's or organization's activities and financial performance over the past financial year.
Annualized Percentage Rate (APR) of Interest
A comprehensive guide to understanding the Annualized Percentage Rate (APR) of interest, its calculations, importance, and applications in economics.
Annuity
A contract that guarantees regular income payments by a financial institution typically used for retirement funding.
Annuity Factor
The factor that converts a lump sum into recurring payments over a specified period of time
Anomalies in Economics
Economic choices unexplained by standard choice theory that have led to the development of behavioral economics.
Anti-Competitive Practice
Practices that reduce the degree of competition in a market including price fixing, dumping, regulations, and monopolization.
Anti-dumping Action
The procedure by which complaints of dumping are investigated and imposition of anti-dumping duties is assessed.