Tag: economists

What is 'Par' Short for "par value," par can refer to bonds, preferred stock, common stock or currencies, with different meanings depending...

What is 'Land Value Tax - LVT' A tax on the value of a piece of land. Land value tax inherently makes...

What is 'Land Value' Land value is the value of a piece of property, including both the value of the land itself...

What is the law of diminishing marginal utility The law of diminishing marginal utility is the principle that as a person consumes more of a...

What is 'Earnings Allowance' Calculation on the net funds available in a checking account and the credit amount can be used to...

What is the ECB? The European Central Bank (ECB) is the central bank of the European Union. Its main task is to maintain price stability...

What is economic life and why is it important to businesses Economic life is the length of time that a particular product or service can...

What is "Earning The Points?" In the world of currency trading, "earning the points" refers to the practice of earning a positive return on an...

DefinitionEconomic forecasting is the process of making predictions about the economy. Forecasts can be carried out at a high level of aggregation—for example for...

DefinitionThe efficient-market hypothesis is a theory in financial economics that states that asset prices fully reflect all available information. A direct implication is that...