Tag: state

What is an 'Economic Indicator' An economic indicator is a piece of economic data, usually of macroeconomic scale, that is used by...

What is 'Earmarking' Earmaking consists of funds (or capital) that are set aside to pay for a specific project or event. In...

What is 'Earned Income Credit - EIC' A tax credit in the United States which benefits certain taxpayers who have low incomes...

Capitalism is one of the systems of political and economic governance that is based on the idea of private ownership of modes of production...

What Is Earned Premium? Earned premium is the amount of money that you pay to the insurance company that they have earned from you. But...

What are 'Federal Funds' Federal funds, often referred to as fed funds, are excess reserves that commercial banks and other financial institutions...

What is 'Half-Life' Half-life represents a date in the future when half of the total principal of a mortgage-backed security (MBS) will...

What is 'Year-End Bonus' A reward paid to an employee at the end of the year. Many year-end bonuses are tied to...

What is 'Radner Equilibrium' A theory suggesting that if economic decision makers have unlimited computational capacity for choice among strategies, then even...

What is 'Obligation Bond' A municipal bond used to secure a mortgage on property or other physical assets that can be liquidated....