Tag: policy
Tax Base
What is a tax base and why is it important
A tax base is the total value of all taxable property in a jurisdiction. This...
Take A Bath
What does 'Take A Bath' mean Take a bath is a slang term referring to the situation of an investor who has...
Commodity
DefinitionIn economics, a commodity is an economic good or service that has full or substantial fungibility: that is, the market treats instances of the...
Tax Cheat
What is a tax cheat and why do they do it
A tax cheat is someone who doesn't pay their taxes, or who pays less...
Take-Out Commitment
What is 'Take-Out Commitment' A specific type of mortgage purchase agreement. Under a take-out commitment, a long-term investor agrees to buy a...
Tax Attribute
What is 'Tax Attribute' A type of loss or tax credit that must be reduced as a result of the exclusion of...
Daniel L. McFadden
DefinitionDaniel Little McFadden is an American econometrician who shared the 2000 Nobel Memorial Prize in Economic Sciences with James Heckman. McFadden's share of the...
War Economy
DefinitionA war economy is the set of contingencies undertaken by a modern state to mobilize its economy for war production. Philippe Le Billon describes...
Dear Money
What is 'Dear Money' A situation in which money or loans are very difficult to obtain in a given country. If you...
Dayrate Volatility
What is 'Dayrate Volatility' The intraday unpredictability of an exchange rate (or price of a good or service), that changes due to...