Tag: wealth
Kazakhstan National Fund
DefinitionThe government of Kazakhstan created the National Fund of the Republic of Kazakhstan in 2000 in order to manage oil revenue more effectively. Tax...
Large Trader
What is 'Large Trader' An investor or organization with trades that are equal to or in excess of certain amounts as specified...
Economic Life
What is economic life and why is it important to businesses
Economic life is the length of time that a particular product or service can...
Earned Income
What is 'Earned Income' Earned income is income derived from active participation in a trade or business, including wages, salary, tips, commissions...
Capitalism
Capitalism is one of the systems of political and economic governance that is based on the idea of private ownership of modes of production...
GDP Gap
DefinitionThe GDP gap or the output gap is the difference between actual GDP or actual output and potential GDP. The calculation for the output...
ICSC-UBS Store Sales
What is 'ICSC-UBS Store Sales' A weekly economic figure published by the International Council of Shopping Centers and UBS Bank, that measures...
Qatar Investment Authority (QIA)
What is 'Qatar Investment Authority - QIA' The Qatar Investment Authority (QIA) is a government-owned entity charged with managing the sovereign wealth...
ABC Agreement
What is 'ABC Agreement' An agreement made between a purchasing member with a seat on the NYSE and the firm in which...
Zakat
What is 'Zakat' A term used in Islamic finance to refer to the obligation that an individual has to donate a certain...