Imperfect Market
DefinitionIn economics, specifically general equilibrium theory, a perfect market is defined by several idealizing conditions, collectively called perfect competition. In theoretical models where conditions...
Capitalism
Capitalism is one of the systems of political and economic governance that is based on the idea of private ownership of modes of production...
Same Property Rule
What is 'Same Property Rule' A regulation relating to IRA rollovers stipulating that whenever a financial asset is withdrawn from a retirement...
Korea Stock Exchange (KSC) .KS
What is 'Korea Stock Exchange (KSC) .KS' The Stock Market Division of Korea Exchange, formerly an independent South Korean exchange, was established...
Federal Funds
What are 'Federal Funds' Federal funds, often referred to as fed funds, are excess reserves that commercial banks and other financial institutions...
Debt to Income Ratio
DefinitionA debt income ratio is the percentage of a consumer's monthly gross income that goes toward paying debts. There are two main kinds of...