Tag: problems
National Treatment
DefinitionNational treatment is a principle in international law vital to many treaty regimes. It essentially means treating foreigners and locals equally. Under national treatment,...
Absentee Owner
What is 'Absentee Owner' An individual who owns a piece of real estate but does not live in it. An absentee owner...
Rate Of Change
What is 'Rate Of Change' The rate of change (ROC) is the speed at which a variable changes over a specific period...
Sales Mix
What is a 'Sales Mix' Sales mix is a calculation that determines the proportion of each product a business sells, relative to...
Past Due
What does 'Past Due' mean
Past due is a loan payment that has not been made as of its due date. A borrower who is...
Paris Club
DefinitionThe Paris Club is a group of officials from major creditor countries whose role is to find coordinated and sustainable solutions to the payment...
Pareto Analysis
DefinitionPareto analysis is a formal technique useful where many possible courses of action are competing for attention. In essence, the problem-solver estimates the benefit...
Gary S. Becker
DefinitionGary Stanley Becker was an American economist and empiricist. He was a professor of economics and sociology at the University of Chicago. Described as...
Back Of The Napkin Business Model
What is 'Back Of The Napkin Business Model' A slang term that refers to the representation of the basic components of a...
James E. Meade
DefinitionJames Edward Meade CB, FBA was a British economist and winner of the 1977 Nobel Memorial Prize in Economic Sciences jointly with the Swedish...