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.

đź”— Authoritative References: Each entry includes references to authoritative books, official publications, and government sites, ensuring the information is reliable and accurate.

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🌍 Global Relevance: While our focus is on providing detailed economic definitions, the referenced materials ensure global relevance and context.

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Currency Risk
The risk that changes in exchange rates will affect the profitability of overseas activities and commitments.
Current Account
A comprehensive overview of the economics term 'current account,' including its definition, historical context, and analytical frameworks.
Current Account Deficit
Understanding the concept of current account deficit in a country's balance of payments
Current Account Surplus
An excess of receipts over expenditure on the current account in a country’s balance of payments.
Current Assets
Definition and analysis of current assets, frequently turned over in business operations and distinguished from fixed assets.
Current Population Survey (CPS)
A comprehensive monthly survey conducted by the Bureau of the Census for the Bureau of Labor Statistics providing data on the labor force, employment, unemployment, and persons not in the labor force.
Current-Weighted Index
An explanation of the current-weighted index, better known as the Paasche index, including its definition, significance, and comparative analysis with other economic indices.
Curse of Dimensionality
The difficulties that arise in mathematical models as the number of variables increases
Customs and Excise
The UK tax authority responsible for collecting indirect taxes, including customs duties, before merging with HM Revenue in 2005 to form HM Revenue and Customs.
Customs Drawback
A refund of customs duty collected on imports, paid when they are re-exported.