Tag: great

Pale Recession

What is 'Pale Recession' A phrase used in May 2008 by former Federal Reserve Board Chairman Alan Greenspan to describe an economic...

Party Wall

DefinitionA party wall is a dividing partition between two adjoining buildings that is shared by the occupants of each residence or business. Typically, the...

Vendor Financing

Definition Vendor finance is a form of lending in which a company lends money to be used by the borrower to buy the vendor's products...

Velocity Of Money

DefinitionThe term "velocity of money" refers to how fast money passes from one holder to the next. It can refer to the income velocity...

Labor Union

What is a 'Labor Union' A labor union is an organization intended to represent the collective interests of workers in negotiations with...

Great Recession

Definition The Great Recession was a period of general economic decline observed in world markets during the late 2000s and early 2010s. The scale and...

Glass-Steagall Act

DefinitionThe Glass–Steagall legislation describes four provisions of the U.S.A Banking Act of 1933 separating commercial and investment banking. The article 1933 Banking Act describes...
recession

Recession

What is a recession and how does it affect the average person A recession is a period of economic decline in which trade and investment...

Taking The Street

What is 'Taking The Street' A slang phrase referring to the hedge fund tactic of buying large amounts of a particular stock...

War Economy

DefinitionA war economy is the set of contingencies undertaken by a modern state to mobilize its economy for war production. Philippe Le Billon describes...

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