Financial Dictionary

This dictionary contains:
24549
financial terms

Economics




Economics

The study of the economy.



SIMILAR TERMS
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Econometric model
An empirical method of economic forecasting that uses an equation based on statistical relationship among economic variables, such as housing starts and equipment purchases.

Econometrics
The quantitative science of modeling the economy. Econometric models help explain and predict variables of interest.

Economic assumptions
General market environment a firm expects to operate in over the life of a financial plan.

Economic Daily News
Economic Daily News is a Taiwanese newspaper.

Economic dependence
When the costs and-or revenues of one project depend on those of another.

Economic earnings
The real flow of cash that a firm could pay out forever in the absence of any change in the firm's productive capacity.

Economic exposure
The extent to which the value of a firm will change because of an exchange rate change.

Economic growth
An increase in the nation's capacity to produce goods and services. Usually refers to real GDP growth.

Economic growth rate
The annual percentage rate of change in the Gross National Product.

Economic income
Cash flow plus change in present value.

Economic indicators
The key statistics of the economy that reveal the direction the economy is heading in.

Economic Investment Trust
Economic Investment Trust is one of Canada's largest companies.

Economic life
The time period over which an asset's NPV is maximized. Economic life can be less than absolute physical life for reasons of technological obsolescence, physical deterioration, or product life cycle.

Economic order quantity (EOQ)
The order quantity that minimizes total inventory costs.

Economic rents
Profits in excess of the competitive level.

Economic risk
In project financing, the risk that the project's output will not be salable at a price that will cover the project's operating and maintenance costs and its debt service requirements.

Economic shock
Events that impact the economy which originate from outside it. They are unexpected and unpredictable.

Economic surplus
For any entity, the difference between the market value of all its assets and the market value of its liabilities.

Economic union
An agreement between two or more countries that allows the free movement of capital, labor, and all goods and services, and involves the harmonization and unification of social, fiscal, and monetary policies.

Economic value added (EVA)
A method of performance evaluation that adjusts accounting performance for investors' required return on investment.

Economies of scale
Achievement of lower average cost per unit through increased production.

Economies of scope
Scope economies exist whenever the same investment can support multiple profitable activities less expensively in combination than separately.

Economies of vertical integration
Produced by achieving lower operating costs by owning all components of production and sometimes sales outlets rather than contracting with companies in the outside marketplace.



PREVIOUS AND NEXT TERMS
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Economic risk
In project financing, the risk that the project's output will not be salable at a price that will cover the project's operating and maintenance costs and its debt service requirements.

Economic shock
Events that impact the economy which originate from outside it. They are unexpected and unpredictable.

Economic surplus
For any entity, the difference between the market value of all its assets and the market value of its liabilities.

Economic union
An agreement between two or more countries that allows the free movement of capital, labor, and all goods and services, and involves the harmonization and unification of social, fiscal, and monetary policies.

Economic value added (EVA)
A method of performance evaluation that adjusts accounting performance for investors' required return on investment.

Economics

Economies of scale
Achievement of lower average cost per unit through increased production.

Economies of scope
Scope economies exist whenever the same investment can support multiple profitable activities less expensively in combination than separately.

Economies of vertical integration
Produced by achieving lower operating costs by owning all components of production and sometimes sales outlets rather than contracting with companies in the outside marketplace.

ECU
The European Commission of the European Union (EU).

EDGAR (Electronic Data Gathering and Retrieval)
The Securities & Exchange Commission uses Electronic Data Gathering and Retrieval to transmit company documents to investors.

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This dictionary contains 24549 terms.







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