Tag: means

Socialism is a political and economic system that is based on collective or public ownership of the production means. Unlike capitalism, socialism lays emphasis...

What is a safe asset When it comes to investing, there are many different strategies that can be employed in order to achieve success. Some...

What is a sampling distribution A sampling distribution is a function that shows how a statistic varies across different samples of data drawn from a...

DefinitionBad Credit was a comedy hip hop duo based out of San Diego, California which lasted from 2002 to 2008, fronted by musicians and...

What is 'Bahrain Stock Exchange - BSE' The stock exchange headquartered in Manama, Bahrain. Bahrain Stock Exchange was established in 1987, but...

The Scarcity Principle, like other principles of economics, comes from the principles of psychology and behavioral sciences. As per the simplest definition, it states...

Beta (beta coefficient or β) is a finance term that represents risk of a financial instrument. In simple terms, it is a numerical value...

What is 'Bailment' The contractual transfer of possession of assets or property for a specific objective. In bailment, the deliverer of the...

What is bad debt and how does it affect your credit score Most people are familiar with the term "bad debt." Generally, bad debt is...

DefinitionCrony capitalism is an economy in which businesses thrive not as a result of risks they take, but rather as a return on money...