Tag: flashcards
Hardening
What is 'Hardening' 1. A term used to describe a price of commodity or futures contracts that is gradually stabilizing. ...
Implied Warranty
DefinitionIn common law jurisdictions, an implied warranty is a contract law term for certain assurances that are presumed to be made in the sale...
Absolute Interest
What is 'Absolute Interest' Total and complete ownership of an asset or property. An individual with an absolute interest has both a...
Absolute Advantage
DefinitionIn economics, the principle of absolute advantage refers to the ability of a party to produce a greater quantity of a good, product, or...
Safekeeping
What is 'Safekeeping' Safekeeping is the storage of assets or other items of value in a protected area. Individuals may...
Saturday Night Special
What is 'Saturday Night Special' An obsolete takeover strategy where one company attempted a takeover of another company by making a sudden...
Scarcity Principle
The Scarcity Principle, like other principles of economics, comes from the principles of psychology and behavioral sciences. As per the simplest definition, it states...
Call Provision
What is a 'Call Provision' A call provision is a provision on a bond or other fixed-income instrument that allows the original...
Callable Common Stock
What is 'Callable Common Stock' A security that represents ownership in a corporation that has voting rights, whose owners are last to...
Credit Cards
By definition, credit cards are released by financial companies that allow the customer or holder with the choice of borrowing funds, at the point...