Tag: paper

DefinitionIn underconsumption theory in economics, recessions and stagnation arise due to inadequate consumer demand relative to the amount produced. It means that there is...

Diversification is a technique that deals with risk management by mixing a wide range of investments in a single portfolio in hope that the...

DefinitionUnbundling is a neologism to describe how the ubiquity of mobile devices, Internet connectivity, consumer web technologies, social media and information access in the...

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...

DefinitionU.S. savings bonds are debt securities issued by the U.S. Department of the Treasury to help pay for the U.S. government's borrowing needs. U.S....

What is 'Ultimate Mortality Table' A mortality table that lists the death rates of insured persons of each sex and age group...

What is 'Uberrimae Fidei Contract' A legal agreement requiring the highest standard good faith. "Uberrimae fidei" or "uberrima fides" is Latin for...

DefinitionThe business cycle, also known as the economic cycle or trade cycle, is the downward and upward movement of gross domestic product around its...

DefinitionKenneth Joseph "Ken" Arrow was an American economist, mathematician, writer, and political theorist. He was the joint winner of the Nobel Memorial Prize in...

The grouping together of financial assets like cash equivalents, bonds, stocks and their counterparts whether they are closed fund or exchange related is known...