DefinitionA deadweight loss, also known as excess burden or allocative inefficiency, is a loss of economic efficiency that can occur when equilibrium for a...
DefinitionIn underconsumption theory in economics, recessions and stagnation arise due to inadequate consumer demand relative to the amount produced. It means that there is...
What is 'Unauthorized Investment' Any investment that has not been specifically authorized by a legal trust. Unauthorized investments can technically meet statutory...
What is an underlying option security
An underlying option security is a security that can be used as collateral for options contracts. The most common...