Tag: history

What is a 'Generation Gap' A generation gap consists of the differences in opinions expressed by members of two different generations. More...

DefinitionGeneral Agreement on Tariffs and Trade was a legal agreement between many countries, whose overall purpose was to promote international trade by reducing or...

What is 'Takedown' 1. The price at which underwriters obtain securities to be offered to the public. Explaining 'Takedown' ...

DefinitionThe dividend yield or dividend-price ratio of a share is the dividend per share, divided by the price per share. It is also a...

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

DefinitionDavid Ricardo was a British political economist, one of the most influential of the classical economists along with Thomas Malthus, Adam Smith and James...

DefinitionDebt consolidation is a form of debt refinancing that entails taking out one loan to pay off many others. This commonly refers to a...

What is 'Abend' An unexpected end to a computer program that results in the system crashing or closing down. Derived from the...

What is a dividend yield A dividend yield is a measurement of how much a company pays out in dividends each year relative to its...

What is 'Dead Presidents' Slang referring to U.S. paper currency. Dead presidents can refer to any unit of currency, but most often...