Financial Dictionary

This dictionary contains:
24549
financial terms

Normative economics




Normative economics

Deals with ethical issues and value judgments such as tax and welfare rates, the distribution of income, etc.

RELATED TERMS
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Value
The worth or desirability of something expressed as an amount of money.

Welfare
Condition of general well-being; and government spending designed to achieve this.

Distribution
Selling a large lot of a security in such a way that the security price is not heavily influenced.

Income
Money received by an individual as a salary, or from investments. Cash deposits and bonds will provide income in the form of interest. Shares will, in most but not all cases, provide income in the form of twice-yearly dividends.



SIMILAR TERMS
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Normal annuity form
The manner in which retirement benefits are paid out.

Normal backwardation theory
Holds that the futures price will be bid down to a level below the expected spot price.

NORMAL CITY EMPLOYEES Credit Union
NORMAL CITY EMPLOYEES is a credit union with head office in NORMAL, IL

Normal course issuer bid
The action of a company buying back its own outstanding shares from the markets so it can cancel them.

Normal distribution
The well known bell shaped curve. According to the Central Limit Theorem, the probability density function of a large number of independent, identically distributed random numbers will approach the normal distribution.

Normal growth firms
Companies whose earnings grow at a constant rate.

Normal investment practice
The investment history of a customer, which is used as a benchmark to test the bona fide public offerings requirement of the allocation of a hot issue.

Normal market size (NMS)
A system that categorizes the size of transactions that are normal for a particular security and forces market makers to deal within these sizes.

Normal portfolio
A customized benchmark that includes all the securities from which a manager normally chooses, weighted as the manager would weight them in a portfolio.

Normal probability distribution
A probability distribution for a continuous random variable that forms a symmetrical bell-shaped curve around the mean. This distribution has no skewness or excess kurtosis.

Normal random variable
A random variable that has a normal probability distribution.

Normal retirement
The age or number of working years after which a pension plan beneficiary can retire and receive unreduced benefits immediately.

Normal retirement age
The age at which an individual normally retires (60 to 70 for men and 55 to 70 for women). Men qualify for the state pension at 65 and women currently qualify at 60.

Normal trading unit
The normal size of a securities order. A normal trading unit for shares is 100. Also called a round lot.

Normal yield curve
A chart showing long-term debt instruments having higher yields than short-term debt instruments.

Normalized earnings
Earnings that have been adjusted in order to take into account the effect of cycles in the economy.

Normalizing method
Making a change in the income account equivalent to the tax savings realized through the use of different depreciation methods for shareholder and income tax purposes, thus washing out the benefits of the tax savings reported as final net income to shareholders.

Norman Gross Angola
Norman Gross Angola is a major Angolan company.

Normandia Investments, SICAV, S.A.
Normandia Investments, SICAV, S.A. is a Spanish company listed at Madrid Stock Exchange. Its business activity is capital investment.



PREVIOUS AND NEXT TERMS
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Normal retirement age
The age at which an individual normally retires (60 to 70 for men and 55 to 70 for women). Men qualify for the state pension at 65 and women currently qualify at 60.

Normal trading unit
The normal size of a securities order. A normal trading unit for shares is 100. Also called a round lot.

Normal yield curve
A chart showing long-term debt instruments having higher yields than short-term debt instruments.

Normalized earnings
Earnings that have been adjusted in order to take into account the effect of cycles in the economy.

Normalizing method
Making a change in the income account equivalent to the tax savings realized through the use of different depreciation methods for shareholder and income tax purposes, thus washing out the benefits of the tax savings reported as final net income to shareholders.

Normative economics

North American Free Trade Agreement (NAFTA)
A regional trade pact among the United States, Canada, and Mexico.

North American Securities Administrators Association
A voluntary organization, established in 1919, of securities regulators whose aim is to protect investors who buy securities or investment advice by educating the public, investigating violations of state and provincial law and filing enforcement actions.

Nostro account
An account that a bank holds with a foreign bank.

Not a name with us
Refers to over-the-counter trading. Not a registered market maker in the security, especially in OTC and convertibles, or having nothing real to do.

Not for profit
An organization established for charitable, humanitarian, or educational purposes that is exempt from some taxes and in which no one in profits or losses.

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This dictionary contains 24549 terms.







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