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Sampling Error

DefinitionIn statistics, sampling error is incurred when the statistical characteristics of a population are estimated from a subset, or sample, of that population. Since...

Sandwich Lease

What is 'Sandwich Lease' A lease in which a party rents property from the property owner and then subsequently leases it out...

Scarcity Principle

The Scarcity Principle, like other principles of economics, comes from the principles of psychology and behavioral sciences. As per the simplest definition, it states...

Savings Incentive Match Plan For Employees Of Small Employers (SIMPLE)

What is 'Savings Incentive Match Plan For Employees Of Small Employers - SIMPLE' A retirement plan that may be established by employers,...
balance of payments

Balance Of Payments (BOP)

What is the Balance of Payments (BOP)? The balance of payments (BOP) is an accounting record of all monetary transactions between a country and the...

Canadian Originated Preferred Securities (COPrS)

What is 'Canadian Originated Preferred Securities - COPrS' A long-term subordinated debt instrument issued in Canada. COPrS (pronounced "coppers") are a type...

Correction

Corrections are price declines that are temporary, and interrupt the uptrend of an asset in the market. A correction can work as a precursor...
Imperfect Competition

Imperfect Competition

What is imperfect competition and why does it exist Imperfect competition is a type of market structure where there are not enough buyers or sellers...

Passbook Loan

What is 'Passbook Loan' A personal loan extended to a savings-account holder by the custodial bank. Passbook loans use the balance of...

Quasi-Public Corporation

What is a 'Quasi-Public Corporation' A type of corporation in the private sector that is backed by a branch of government that...

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