Tag: types

What is 'Named Perils Insurance Policy' A home insurance policy that only provides coverage on losses incurred to your property from hazards...

Simply put: Equity = Assets – Liabilities However, since there are a number of different types of assets, this definition cannot encompass them all...

What is a 'Lagging Indicator' A lagging indicator is a measurable economic factor that changes only after the economy has begun to...

What is 'Lease Balance' The amount of money that a customer owes under the terms of a vehicle lease contract. The lease...

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

What is an 'Economic Derivative' An economic derivative is a relatively new form of derivative contract (the first ones were traded in...

In microeconomics, economies of scale are the cost advantages that enterprises obtain due to their scale of operation, with cost per unit of output...

What is 'Kiwi Bond' Retail stock offered directly to the public and available only to New Zealand residents. Application forms and investment...

What is 'X-Efficiency' X-efficiency is the degree of efficiency maintained by individuals and firms under conditions of imperfect competition. According to the...

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