Racketeering
DefinitionA racket is a planned or organized criminal act, usually in which the criminal act is a form of business or a way to...
R-Squared
What is 'R-Squared' R-squared is a statistical measure that represents the percentage of a fund or security's movements that can be explained...
X-Efficiency
What is 'X-Efficiency' X-efficiency is the degree of efficiency maintained by individuals and firms under conditions of imperfect competition. According to the...
PPP
Quick Facts The PPP is Purchasing Power Parity Purchasing power parity is used by macro-economic analysts to compare different countries' currencies through a...
Zero Balance Account (ZBA)
What is a 'Zero Balance Account - ZBA' A zero balance account (ZBA) is a checking account in which a balance of...
Half-Life
What is 'Half-Life' Half-life represents a date in the future when half of the total principal of a mortgage-backed security (MBS) will...
Tactical Asset Allocation (TAA)
What is 'Tactical Asset Allocation - TAA' Tactical asset allocation is an active management portfolio strategy that shifts the percentage of assets...
Creative Destruction In Economics
Creative destruction, sometimes called Schumpeter's gale, is an idea people studying economics theory say may lead to innovation in the business cycle. Karl Marx...
M0
What is 'M0' M0 is a measure of the money supply which combines any liquid or cash assets held within a central...
M1 – Money Supply
The money supply has different components and M1 is the measure of the component that includes the physical money held by public. It is...