Tag: role
U.S. League Of Savings Institutions
What is 'U.S. League Of Savings Institutions' A now-defunct nationwide organization of savings institutions. The U.S. League of Savings Institutions was created...
Economic Growth
DefinitionEconomic growth is the increase in the inflation-adjusted market value of the goods and services produced by an economy over time. It is conventionally...
Credit Default Swap
DefinitionA credit default swap is a financial swap agreement that the seller of the CDS will compensate the buyer in the event of a...
Key Money
DefinitionKey money is one of several forms of payment made to a landlord. The term has various meanings in different parts of the world....
Lady Godiva Accounting Principles (LGAP)
What is 'Lady Godiva Accounting Principles - LGAP' A theoretical set of accounting principles under which corporations would have to fully disclose...
Takeover
What is a 'Takeover' A takeover occurs when an acquiring company makes a bid in an effort to assume control of a...
Creative Destruction In Economics
Creative destruction, sometimes called Schumpeter's gale, is an idea people studying economics theory say may lead to innovation in the business cycle. Karl Marx...
Pacific Rim
What is 'Pacific Rim' The Pacific Rim is a geographic area surrounding the edges of the Pacific Ocean. The Pacific Rim covers...
Zakat
What is 'Zakat' A term used in Islamic finance to refer to the obligation that an individual has to donate a certain...
Valuable Papers Insurance
What is 'Valuable Papers Insurance' A special type of property-casualty insurance. Valuable papers insurance will reimburse the policyholder for the monetary value...