Tag: economy

What is AARP and what do they offer The American Association of Retired Persons, or AARP, is a nonprofit organization that provides benefits and discounts...

What is 'M3' M3 is a measure of the money supply that includes M2 as well as large time deposits, institutional money...

Creative destruction, sometimes called Schumpeter's gale, is an idea people studying economics theory say may lead to innovation in the business cycle. Karl Marx...

What is 'Pacific Rim' The Pacific Rim is a geographic area surrounding the edges of the Pacific Ocean. The Pacific Rim covers...

DefinitionPackage Deal is a Canadian television sitcom created by Andrew Orenstein about three brothers and the woman who comes between them. It debuted on...

What is 'Qatar Investment Authority - QIA' The Qatar Investment Authority (QIA) is a government-owned entity charged with managing the sovereign wealth...

What is 'B-Note' The secondary tranche in a commercial mortgage-backed security. B notes are a component of A/B financing or A/B/C financing. They have a...

What is 'W-Shaped Recovery' An economic cycle of recession and recovery that resembles a "W" in charting. A W-shaped recovery represents the...

What Is a Wage Assignment? A wage assignment is an agreement in which an employer assigns its right to a certain amount of wages to...

What is 'G7 Bond' A term used to refer to government bonds issued by a nation in the Group of Seven (G7)....