Tag: economy
Kidnap Insurance
What is 'Kidnap Insurance' A type of insurance designed to protect individuals from the risk of kidnapping. Kidnap insurance often covers other...
Values
What is 'Values' The worth of a nonforfeiture clause that specifies that an insured party would receive the equity from a life...
Stock
A stock is a security that proves ownership of an individual or a company in another corporation and it also represents a claim its...
Economic And Social Stabilization Fund (Chile)
What is 'Economic And Social Stabilization Fund - Chile' The Economic and Social Stabilization Fund is a government-owned investment organization that manages...
Long
A Long, or a long position, is an investment term that relates to securities such as currency, commodity, and stocks. Individuals that take the...
Uncle Sam
What is 'Uncle Sam' A nickname dating back to 1812 used to refer to the U.S. government. The term is said to...
Key Money
DefinitionKey money is one of several forms of payment made to a landlord. The term has various meanings in different parts of the world....
Same-Day Funds
What are same-day funds and what do they mean for businesses
When a business owner hears the term "same-day funds," they may think it refers...
Above Full-Employment Equilibrium
What is 'Above Full-Employment Equilibrium' A macroeconomic term used to describe the real gross domestic product (GDP) is currently in excess of...
Okun Gap
DefinitionIn economics, Okun's law is an empirically observed relationship between unemployment and losses in a country's production. The "gap version" states that for every...