Tag: countries
Joint Float
What is 'Joint Float' Two or more countries agreeing to keep their currencies at a same exchange rate relative to one another,...
Jeffrey Sachs
DefinitionJeffrey David Sachs is an American economist and director of the Earth Institute at Columbia University, where he holds the title of University Professor,...
Uncovered Interest Rate Parity (UIP)
What is the 'Uncovered Interest Rate Parity - UIP' The uncovered interest rate parity (UIP) is a parity condition stating that the...
Late Majority
What is 'Late Majority' The last sizable segment of a population to adopt an innovative technology. The late majority accounts for roughly...
Lapping Scheme
What is a 'Lapping Scheme' A lapping scheme is an accounting method that involves altering the accounts receivable section of the balance...
Landlocked
DefinitionA landlocked state or landlocked country is a sovereign state entirely enclosed by land, or whose only coastlines lie on closed seas. There are...
Nationalization
DefinitionNationalization is the process of transforming private assets into public assets by bringing them under the public ownership of a national government or state....
Leads And Lags
DefinitionIn international finance, leads and lags refer to the expediting or delaying, respectively, of settlement of payments or receipts in a foreign exchange transaction...
Large Trader
What is 'Large Trader' An investor or organization with trades that are equal to or in excess of certain amounts as specified...
eCash
DefinitionEcash was conceived by David Chaum as an anonymous cryptographic electronic money or electronic cash system in 1983. It was realized through his corporation...