Tag: base
Hard Currency
What is 'Hard Currency'
Hard currency is a currency widely accepted around the world as a form of payment for goods and services. A hard...
Harmonized Index Of Consumer Prices (HICP)
What is the Harmonized Index of Consumer Prices (HICP)?
The Harmonized Index of Consumer Prices (HICP) is a measure of inflation produced by Eurostat, the...
Rational Expectations Theory
DefinitionIn economics, "rational expectations" are model-consistent expectations, in that agents inside the model are assumed to "know the model" and on average take the...
Real Value
What is the 'Real Value' The real value is nominal value adjusted for inflation. The real value is obtained by removing the...
Salary Freeze
What is 'Salary Freeze' The action of a company suspending salary increases for a period of time. By freezing salary increases for...
Back Up The Truck
What is "backing up the truck?"
Backing up the truck refers to the purchase of a large position in a stock or other financial asset...
CPI – Consumer Price Index
The consumer price index (CPI) is metric that denotes prices of goods and services including food items, transportation, medical care, and others used by...
Variable Overhead Efficiency Variance
How Does Variable Overhead Efficiency Variance Affect Your Overhead Rate?
There are two forms of overhead rate variation: Fixed overhead rate variance and Variable Overhead...
Variable Benefit Plan
What is 'Variable Benefit Plan' A type of retirement plan in which the payout changes depending on how well the plan's investments...
Geographical Pricing
Definition
Geographical pricing, in marketing, is the practice of modifying a basic list price based on the geographical location of the buyer. It is intended...