Tag: economics

Harmonic Average

DefinitionIn mathematics, the harmonic mean is one of several kinds of average, and in particular one of the Pythagorean means. Typically, it is appropriate...

Yupcap

What is 'Yupcap' A slang term for a young urban professional who cannot afford property. Yupcaps are people in their late twenties or early thirties...

Halloween Massacre

Definition"Halloween Massacre" is the term associated with the major reorganization of United States president Gerald Ford's cabinet on November 4, 1975, which was an...

Yuppie

Definition"Yuppie" is a term coined in the early 1980s for a young professional person working in a city. Yuppie What is 'Yuppie' ...

Yo-Yo

DefinitionA yo-yo is a toy consisting of an axle connected to two disks, and a string looped around the axle. It has some similarities...

Yield Equivalence

What is 'Yield Equivalence' The interest rate on a taxable security that would render a return equivalent to that of a tax-exempt...

Yellow Sheets

What is 'Yellow Sheets' A United States bulletin that provides updated bid and ask prices as well as other information on over-the-counter...

Yield-Based Option

What is 'Yield-Based Option' A type of debt-instrument-based option that derives its value from the difference between the exercise price and the...

Yearly Price Of Protection Method

What is 'Yearly Price Of Protection Method' A method used in actuarial analysis, which is often used in the insurance industry. The...

Yield Elbow

What is 'Yield Elbow' The point on the yield curve indicating the year in which the economy's highest interest rates occur. The...