Tag: year

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...

Babcock Graduate School of Management

DefinitionThe Wake Forest University School of Business was formerly the Babcock Graduate School of Management and the Calloway School of Business and Accountancy. Established...

JOD (Jordanian Dinar)

What is 'JOD' The currency abbreviation or currency symbol for the Jordanian Dinar (JOD), the currency for Jordan. The dinar is made...

M3

What is 'M3' M3 is a measure of the money supply that includes M2 as well as large time deposits, institutional money...

M2

M2 is defined as a “measure of money supply that includes checking deposits (M1) cash as well as (what is colloquially referred to as) near money”. Near Money...

M1 – Money Supply

The money supply has different components and M1 is the measure of the component that includes the physical money held by public. It is...

What are Fixed Interest Rates

What are Fixed Interest Rates There are several factors involved when you obtain a loan. For instance, when you look for a mortgage,...

Jackpot

What is 'Jackpot' A jackpot is the top prize in a game of chance; jackpots can be anything, including money, cars and...

Paid-Up

What is 'Paid-Up' The state of a settlement when all payment obligations for a security have been completed in a customer account....

Package Deal

DefinitionPackage Deal is a Canadian television sitcom created by Andrew Orenstein about three brothers and the woman who comes between them. It debuted on...