Economics/Glossary: Difference between revisions

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imported>Nick Gardner
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imported>Nick Gardner
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{{r|Exogenous}}
{{r|Exogenous}}
{{r|Externality}}
{{r|Externality}}
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==F==
==F==
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{{r|Freddie Mac}}
{{r|Freddie Mac}}
{{r|Full employment deficit}}
{{r|Full employment deficit}}
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==G==
==G==
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{{r|Investment bank}}
{{r|Investment bank}}
{{r|IS-LM model}}
{{r|IS-LM model}}
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==J,K,L==
==J,K,L==
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{{r|Money market}}
{{r|Money market}}
{{r|Money supply}}
{{r|Money supply}}
{{r|Moral hazard}}
{{r|Moral hazard}}<small>
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==N==
==N==
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{{r|Quantitative easing}}
{{r|Quantitative easing}}
{{r|Qualitative easing}}
{{r|Qualitative easing}}
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==R==
==R==
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{{r|Risk premium}}
{{r|Risk premium}}
{{r|Run (banking)}}
{{r|Run (banking)}}
 
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==S==
==S==
{{r|Sacrifice ratio}}
{{r|Sacrifice ratio}}
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{{r|Swap contract}}
{{r|Swap contract}}
{{r|Systemic failure (finance)}}
{{r|Systemic failure (finance)}}
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==T,U,V,W,X,Y,Z==
==T,U,V,W,X,Y,Z==
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{{r|Yield spread}}
{{r|Yield spread}}
{{r|Zarnowitz rule}}
{{r|Zarnowitz rule}}
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Revision as of 01:55, 21 June 2010

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Glossary of terms related to Economics.


The finance glossary and the banking glossary define some specialised terms that are not included in this glossary

A

  • Adverse selection [r]: a partial market failure that occurs when there are traders who take advantage of asymmetric information, raising uncertainty and leading to a reduction in the value of its products. [e]
  • Agency cost [r]: Add brief definition or description
  • Applied statistics [r]: the practice of collecting and interpreting numerical observations for the purpose of generating information. [e]
  • Arbitrage [r]: transactions to take advantage of a price differences of a product in different markets by buying where it is cheap and selling where it is dear. The possibility of arbitrage often prevents the occurrence of price differences. [e]
  • Asset price bubble [r]: The condition of an asset market in which price is governed by speculators' expectations that it will increase. [e]
  • Asymmetric information [r]: a situation in which a seller has information that is not available to potential buyers - or vice-versa. [e]
  • Austrian School of economics [r]: A school of economists who reject the tenets of macroeconomics and oppose the practice of collective economic management; and whose methodology concentrates upon the decisions of individuals and the operation of the market mechanism. [e]
  • Automatic stabilisers [r]: the tendency in times of falling economic activity for the government spending to rise, and for tax receipts to fall - and the reverse tendency in times of rising economic activity [e]

B

  • "Bad bank" [r]: A subsidiary, or separate corporation, created to hold and manage non-performing assets transferred to it by a rescued bank. [e]
  • Banking panic [r]: A widespread fear of insolvency because of uncertainty concerning the true value of banking assets. [e]
  • Base money [r]: currency in circulation plus bank vault cash plus deposits held by banks at the central bank (termed "high-powered money" in the US, and referred to as M0 in the UK). [e]
  • Basis point [r]: (bp) one hundredth of a percentage point . [e]
  • Bill (finance) [r]: {a) A loan with a duration of no more than a year (b)a documentary record of short-term indebtedness. [e]
  • Bill of Exchange [r]: A written order to pay the holder a stated sum of money at a stated date (otherwise known as a "draft", the person who is paid being termed the "drawer"). [e]
  • Bond (finance) [r]: a fixed-interest security issued by governments, companies, banks and others. [e]
  • Broad money [r]: cash, current account deposits in banks and other financial institutions, savings deposits and time-restricted deposits (see also high-powered money). [e]
  • Broker [r]: Individual or firm that provides investment advise to clients and executes their buying and selling instructions, usually by acting as a market maker. [e]
  • Bubble (economics) [r]: A surge in prices that raises expectations of further increases, so generating further increases: a process that continues until confidence falters, the bubble "bursts" and prices rapidly revert to an objectively-based level. [e]
  • Budget balance [r]: Add brief definition or description
  • Budget deficit [r]: Add brief definition or description

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C

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D

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E

{{r|Economic rent}

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F

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G

H

I

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J,K,L

M

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N

O

P,Q

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R

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S

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T,U,V,W,X,Y,Z

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