Tag: people

What is 'Accelerated Benefits' A clause in certain life insurance policies that enables the policy holder to receive the benefits before death....

What is 'Above The Market' An order to buy or sell at a price set higher than the current market price of...

What is 'Absolute Rate' The fixed portion of an interest-rate swap, expressed as a percentage rather than as a premium or a...

DefinitionIn economics, "rational expectations" are model-consistent expectations, in that agents inside the model are assumed to "know the model" and on average take the...

What is 'Rational Behavior' A rational behavior decision-making process is based on making choices that result in the most optimal level of...

DefinitionRational choice theory, also known as choice theory or rational action theory, is a framework for understanding and often formally modeling social and economic...

What is 'Real Estate Limited Partnership - RELP' A limited partnership entity organized to invest in real estate. A Real Estate Limited...

What is rationing and why was it used during World War II Rationing is a system of limiting the availability of goods or services to...

What is 'Samurai Market' A slang term for the stock market in Japan. Samurai market is usually used buy non-residents of Japan,...

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