Tag: economics

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

An investor does not deal with the buying and selling procedures on his own; he has a broker do them for him. This is...

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

DefinitionThe term family office can refer to a family controlled investment group, and also the two major terms: single family office or multi-family office....

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...