Tag: central
FED Pass
What is 'FED Pass' An action taken by the Federal Reserve that looks to increase the availability of credit by moving additional...
G7 Bond
What is 'G7 Bond' A term used to refer to government bonds issued by a nation in the Group of Seven (G7)....
U-Shaped Recovery
What is U-shaped recovery
In economics, a U-shaped recovery refers to the pattern of economic growth following a recession. The term is used to describe...
KPW (North Korean Won)
KPW (North Korean Won) What is 'KPW' The currency symbol or currency abbreviation for the North Korean won (KPW), the currency...
LBP (Lebanese Pound)
What is 'LBP' The currency abbreviation or currency symbol for the Lebanese pound (LBP), the currency for Lebanon. The Lebanese pound is...
OTC
Over-the-counter (OTC) refers to the process of how securities are traded for companies not listed on a formal exchange. Securities that are traded...
K-Percent Rule
DefinitionFriedman's k-percent rule is the monetarist proposal that the money supply should be increased by the central bank by a constant percentage rate every...
Maastricht Treaty
What is the 'Maastricht Treaty' The Maastricht Treaty is the treaty that is responsible for the creation of the European Union, signed...
Jackson Hole Economic Symposium
What is 'Jackson Hole Economic Symposium' An annual symposium sponsored by the Federal Reserve Bank of Kansas City since 1978, and held...