Tag: basic

What is 'Land Value Tax - LVT' A tax on the value of a piece of land. Land value tax inherently makes...

DefinitionIn microeconomics, the law of demand states that, "conditional on all else being equal, as the price of a good increases, quantity demanded decreases...

What is 'Lady Godiva Accounting Principles - LGAP' A theoretical set of accounting principles under which corporations would have to fully disclose...

DefinitionIn probability theory, the law of large numbers is a theorem that describes the result of performing the same experiment a large number of...

What is 'Law Of 29' A belief held by some marketers that on average a prospective customer will not purchase a good...

DefinitionThe law of supply is a fundamental principle of economic theory which states that, keeping other factors constant, an increase in price results in...

DefinitionThe law of one price constitutes the basis of the theory of purchasing power parity, an assumption that in some circumstances it would cost...

DefinitionIn microeconomics, supply and demand is an economic model of price determination in a market. It postulates that, holding all else equal, in a...

What is 'Earnings Power' Earnings power is a business' ability to generate profit from conducting its operations. It is used to analyze...

What is 'Early Exercise' The exercise of an option prior to its expiration date. Early exercise is only possible with American-style option...