Tag: government

DefinitionA deadweight loss, also known as excess burden or allocative inefficiency, is a loss of economic efficiency that can occur when equilibrium for a...

What is 'Day Rate' The price/cost of a particular service for a day's period. In some markets it is referred to as...

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 'Large Value Transfer System - LVTS' An electronic wire payment system in Canada, facilitating the transfer of funds between large...

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...

What is 'Ultra Vires Acts' Any act that lies beyond the authority of a corporation to perform. Ultra Vires acts fall outside...

What is 'U' A Nasdaq stock symbol specifying that the issue is in units. Explaining 'U' Nasdaq-listed securities have...

What is 'Unauthorized Investment' Any investment that has not been specifically authorized by a legal trust. Unauthorized investments can technically meet statutory...

Most people have heard of unallocated benefits, but don't really know what they are or how they work. In this post, we will explore...

What is an underfunded pension plan and how does it happen An underfunded pension plan happens when a company doesn't have enough money set aside...