Tag: development

DefinitionDavid Ricardo was a British political economist, one of the most influential of the classical economists along with Thomas Malthus, Adam Smith and James...

What is 'Deal Ticket' A ticket that records all the terms, conditions and basic information of a trade agreement. A deal ticket...

What is 'Day Loan' A temporary transfer of funds from a bank to an individual broker or a brokerage firm that is...

DefinitionUnconventional oil is petroleum produced or extracted using techniques other than the conventional method. Oil industries and governments across the globe are investing in...

Diversification is a technique that deals with risk management by mixing a wide range of investments in a single portfolio in hope that the...

Most people have heard of unallocated benefits, but don't really know what they are or how they work. In this post, we will explore...

What is underinsurance and why do people buy it Underinsurance is insurance that does not cover the full value of an insured asset. For example,...

What is ultimogeniture and how does it work Ultimogeniture is the practice of leaving property to the youngest child. It contrasts with primogeniture, in which...

DefinitionEconomic growth is the increase in the inflation-adjusted market value of the goods and services produced by an economy over time. It is conventionally...

What is a 'Range' The difference between the low and high prices for a security or index over a specific time period....