What Is Earned Premium?
Earned premium is the amount of money that you pay to the insurance company that they have earned from you. But you can't use it against an expired policy. Here are some tips that will help...
When it comes to borrowing money, interest rates are one of the most important factors to consider. But what exactly is an "effective interest rate?" And how do you go about finding the best one for your needs?
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Define Economic Capital
Economic capital refers to the money that a business or individual has available to invest in new ventures or cover unexpected expenses. It is also known as financial capital. The amount of economic capital available can vary...
The current state of the economy
The current state of the economy is a mixed bag. On the one hand, unemployment rates are at historic lows and wages are finally beginning to rise after years of stagnation. On the other...
What is 'Eating Stock' The forced purchase of a security when there are insufficient buyers. Eating stock often applies to underwriters of an initial public offering (IPO), if a certain level of subscription is guaranteed but is...
What is 'Easement' Easement is a real estate concept that defines a scenario in which one party uses the property of another party, where a fee is paid to the owner of the property in return for...
DefinitionThe eclectic paradigm is a theory in economics and is also known as the OLI-Model or OLI-Framework. It is a further development of the internalization theory and published by John H. Dunning in 1979. Eclectic Paradigm What is...
What is 'Earnings Momentum' When corporate earnings per share (EPS) growth is accelerating or decelerating from the prior fiscal quarter or fiscal year. Earnings momentum typically coincides with accelerating revenues and/or expanding margins caused by increased sales,...
DefinitionIn economics, specifically general equilibrium theory, a perfect market is defined by several idealizing conditions, collectively called perfect competition. In theoretical models where conditions of perfect competition hold, it has been theoretically demonstrated that a market will reach an...
Capitalism is one of the systems of political and economic governance that is based on the idea of private ownership of modes of production and capital. In this system, the production of goods and services is done for the...