Tag: important

DefinitionIn probability theory and statistics, kurtosis is a measure of the "tailedness" of the probability distribution of a real-valued random variable. In a similar...

A stock is a security that proves ownership of an individual or a company in another corporation and it also represents a claim its...

Cash flow refers to the total or net amount of cash and its equivalents that move in and out of an organization. If a...

DefinitionJean-Baptiste Say was a French economist and businessman. He had classically liberal views and argued in favor of competition, free trade, and lifting restraints...

Who was John Hicks? John Hicks was a British economist who was awarded the Nobel Prize in Economics in 1972. He is best known for...

DefinitionA safe deposit box, also known as a safety deposit box, is an individually secured container, usually held within a larger safe or bank...

What is the 'Learning Curve' A learning curve is a concept that graphically depicts the relationship between cost and output over a...

DefinitionNationalization is the process of transforming private assets into public assets by bringing them under the public ownership of a national government or state....

DefinitionIn microeconomics, supply and demand is an economic model of price determination in a market. It postulates that, holding all else equal, in a...

What is an 'Economic Indicator' An economic indicator is a piece of economic data, usually of macroeconomic scale, that is used by...