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Absolute advantage
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Absolute advantageA person, company or country has an absolute advantage if its output per unit of input of all goods and services produced is higher than that of another person, company or country.
RELATED TERMS--------------------------------------
Company
A proprietorship, partnership, corporation, or other form of enterprise that engages in business.
Advantage
ADVANTAGE is a credit union with head office in ROCHESTER, NY
Output
The total value of the goods produced or services performed (by a person, a company, an industry, or a whole country).
Unit
More than one class of securities traded together (e.g., one common share and three subscription warrants).
Services
Activities offered for sale to customers, (advice, transport, banking, insurance, restaurants, hotel rooms, etc.)
Higher
Adjective meaning greater, larger: e.g. higher prices; (cannot be used as a verb, instead use raise).
SIMILAR TERMS--------------------------------------
Absolute form of purchasing power parity
A theory that prices of products of two different countries should be equal when measured by a common currency.
Absolute physical life
The period of use after which an asset has deteriorated to such an extent that it can no longer be used.
Absolute priority
Rule in bankruptcy proceedings requiring senior creditors to be paid in full before junior creditors receive any payment.
Absorbed
Used in context of general equities. Securities are "absorbed" as long as there are corresponding orders to buy and sell.
PREVIOUS AND NEXT TERMS--------------------------------------
Abandonment
1) Generally in law, the voluntary relinquishing of all rights, title or possession of property such as trademarks, copyrights and patents. 2) Specifically in option trading, the situation where an option holder allows ownership of an option to expire unexercised.
Abandonment option
The option of terminating an investment earlier than originally planned.
ABC agreement
A contract between an employee and a brokerage firm outlining the rights of the firm purchasing an NYSE membership for that employee.
Ability to pay
1) The borrower's ability to make interest and principal payments on debts. 2) In context of municipal bonds, refers to the issuer's present and future ability to create sufficient tax revenue to fulfill its contractual obligations, accounting for municipal income and property values. 3) In context of taxation, notion that tax rates should be determined according to income or wealth.
Abnormal returns
The component of the return that is not due to systematic influences (market-wide influences); the difference between the actual return and that is expected to result from market movements (normal return).
Absolute advantage
Absolute form of purchasing power parity
A theory that prices of products of two different countries should be equal when measured by a common currency.
Absolute physical life
The period of use after which an asset has deteriorated to such an extent that it can no longer be used.
Absolute priority
Rule in bankruptcy proceedings requiring senior creditors to be paid in full before junior creditors receive any payment.
Absorbed
Used in context of general equities. Securities are "absorbed" as long as there are corresponding orders to buy and sell.
Abusive tax shelter
A limited partnership that the IRS judges to be claiming tax deductions illegally.
RELATED TERMS--------------------------------------
Company
A proprietorship, partnership, corporation, or other form of enterprise that engages in business.
Advantage
ADVANTAGE is a credit union with head office in ROCHESTER, NY
Output
The total value of the goods produced or services performed (by a person, a company, an industry, or a whole country).
Unit
More than one class of securities traded together (e.g., one common share and three subscription warrants).
Services
Activities offered for sale to customers, (advice, transport, banking, insurance, restaurants, hotel rooms, etc.)
Higher
Adjective meaning greater, larger: e.g. higher prices; (cannot be used as a verb, instead use raise).
SIMILAR TERMS--------------------------------------
Absolute form of purchasing power parity
A theory that prices of products of two different countries should be equal when measured by a common currency.
Absolute physical life
The period of use after which an asset has deteriorated to such an extent that it can no longer be used.
Absolute priority
Rule in bankruptcy proceedings requiring senior creditors to be paid in full before junior creditors receive any payment.
Absorbed
Used in context of general equities. Securities are "absorbed" as long as there are corresponding orders to buy and sell.
PREVIOUS AND NEXT TERMS--------------------------------------
Abandonment
1) Generally in law, the voluntary relinquishing of all rights, title or possession of property such as trademarks, copyrights and patents. 2) Specifically in option trading, the situation where an option holder allows ownership of an option to expire unexercised.
Abandonment option
The option of terminating an investment earlier than originally planned.
ABC agreement
A contract between an employee and a brokerage firm outlining the rights of the firm purchasing an NYSE membership for that employee.
Ability to pay
1) The borrower's ability to make interest and principal payments on debts. 2) In context of municipal bonds, refers to the issuer's present and future ability to create sufficient tax revenue to fulfill its contractual obligations, accounting for municipal income and property values. 3) In context of taxation, notion that tax rates should be determined according to income or wealth.
Abnormal returns
The component of the return that is not due to systematic influences (market-wide influences); the difference between the actual return and that is expected to result from market movements (normal return).
Absolute advantage
Absolute form of purchasing power parity
A theory that prices of products of two different countries should be equal when measured by a common currency.
Absolute physical life
The period of use after which an asset has deteriorated to such an extent that it can no longer be used.
Absolute priority
Rule in bankruptcy proceedings requiring senior creditors to be paid in full before junior creditors receive any payment.
Absorbed
Used in context of general equities. Securities are "absorbed" as long as there are corresponding orders to buy and sell.
Abusive tax shelter
A limited partnership that the IRS judges to be claiming tax deductions illegally.
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This dictionary contains 24549 terms.
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