Tag: goods

Real Bills Doctrine

DefinitionThe real bills doctrine asserts that money should be issued in exchange for short-term real bills of adequate value. The doctrine was developed by...

Real Economic Growth Rate

What is the 'Real Economic Growth Rate' The real economic growth rate measures economic growth, in relation to gross domestic product (GDP),...

Real Value

What is the 'Real Value' The real value is nominal value adjusted for inflation. The real value is obtained by removing the...

Realization Multiple

What is a 'Realization Multiple' A realization multiple is a private equity measurement that values the return paid to an investor. The...
Rationing

Rationing

What is rationing and why was it used during World War II Rationing is a system of limiting the availability of goods or services to...

Sales And Purchase Agreement (SPA)

What is a 'Sales And Purchase Agreement - SPA' A sales and purchase agreement (SPA) is a legal contract that obligates a...

Same-Day Substitution

What is 'Same-Day Substitution' An offsetting change in a margin account, made over the trading day, that results in no overall change...
Sales tax

Sales Tax

What is sales tax and why do we have it Sales tax is a tax levied on the sale of goods and services. The tax...

Saber Currency

What is 'Saber Currency' A proposed Brazilian currency that would be handed out by the Ministry of Education to 7-year-olds to be...

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...