Tag: political
Ultra Vires Acts
What is 'Ultra Vires Acts' Any act that lies beyond the authority of a corporation to perform. Ultra Vires acts fall outside...
Unbundling
DefinitionUnbundling is a neologism to describe how the ubiquity of mobile devices, Internet connectivity, consumer web technologies, social media and information access in the...
Underlying Security
What is an 'Underlying Security' An underlying security is the security on which a derivative derives its value. For example, a call...
Economic Cycle
DefinitionThe business cycle, also known as the economic cycle or trade cycle, is the downward and upward movement of gross domestic product around its...
Offset
What does 'Offset' mean An offset involves assuming an opposite position in regards to the original opening position. Additionally, to offset is...
Jean-Baptiste Say
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...
James M. Buchanan Jr.
DefinitionJames McGill Buchanan Jr. was an American economist known for his work on public choice theory, for which he received the Nobel Memorial Prize...
James E. Meade
DefinitionJames Edward Meade CB, FBA was a British economist and winner of the 1977 Nobel Memorial Prize in Economic Sciences jointly with the Swedish...
John Stuart Mill
DefinitionJohn Stuart Mill, also known as J.S. Mill, was a British philosopher, political economist, and civil servant. One of the most influential thinkers in...
Latin Baseball Futures
What is 'Latin Baseball Futures' A financial contract used to speculate on the potential of teenage baseball players from Latin America who...