Tag: economic

What is 'Value' The monetary, material or assessed worth of an asset, good or service. In accounting, value describes what something is...

What is a 'Gap' A gap is a break between prices on a chart that occurs when the price of a stock makes a sharp...

What is 'National Average Wage Index - NAWI' An index calculated annually by the Social Security Administration (SSA) based on wages subject...

What is 'Abandon Rate' Abandon rate in call center The percentage of inbound phone calls made to a call center or service desk that are abandoned...

DefinitionIn financial accounting, a balance sheet or statement of financial position is a summary of the financial balances of an individual or organization, whether...

What is 'Kidnap Insurance' A type of insurance designed to protect individuals from the risk of kidnapping. Kidnap insurance often covers other...

What is 'Values' The worth of a nonforfeiture clause that specifies that an insured party would receive the equity from a life...

DefinitionIn accounting and in most Schools of economic thought, fair value is a rational and unbiased estimate of the potential market price of a...

Any resource which has an economic value is termed as an asset. An asset is controlled by either an individual or an organization in...

What is 'National Association Of Real Estate Investment Trusts - NAREIT' A trade association that represents U.S. Real Estate Investment Trusts (REITs)...