For other uses, see Yield. In finance, the yield on a security is a measure of the ex-ante return to a holder of the security. It is one component of return on an investment, the other component being the change in the market price of the security. It is a measure applied to fixed income… read more »
Distribution of a security paid by an employer to an employee A wage is payment made by an employer to an employee for work done in a specific period of time. Some examples of wage payments include compensatory payments such as minimum wage, prevailing wage, and yearly bonuses, and remunerative payments such as prizes and… read more »
Measure of the benefit provided by a good or service to an economic agent In economics, economic value is a measure of the benefit provided by a good or service to an economic agent. It is generally measured relative to units of currency, and the interpretation is therefore “what is the maximum amount of money… read more »
Market in which goods or services are traded illegally A black market salesman (fly by night) depicted in graffiti in Kharkiv, Ukraine (2008) A black market, underground economy, or shadow economy is a clandestine market or series of transactions that has some aspect of illegality or is characterized by noncompliance with an institutional set of… read more »
Goods and services import/export tax Not to be confused with Tarif. A tariff is a tax imposed by the government of a country or by a supranational union on imports or exports of goods. Besides being a source of revenue for the government, import duties can also be a form of regulation of foreign trade… read more »
Protected trade is a slogan advocated by Greenpeace in its wish to “green” the Environment Trade Firm and the Doha Growth Spherical. It is intended to contend with “cost-free trade” as a concept. Secure trade is normally viewed as a solitary framework of policies worldwide to substantially inhibit the flow of alien organisms (e.g. Genetically… read more »
Level of return pricing or Goal-return pricing is a strategy of which a company will set the price tag of its merchandise centered on their ideal returns on said merchandise.[1] This process is applied primarily by firms that both have a whole lot of cash or have a monopoly on the industry and when an… read more »
Degree of individual well-being Quality of life (QOL) is defined by the World Health Organization as “an individual’s perception of their position in life in the context of the culture and value systems in which they live and in relation to their goals, expectations, standards and concerns”.[1] Standard indicators of the quality of life include… read more »
The Pacman conjecture holds that resilient-items monopolists have complete current market energy and so can physical exercise perfect price discrimination, as a result extracting the overall surplus.[1] This is in contrast to the Coase conjecture which holds that a strong items monopolist has no market place power, and so rate is equivalent to the aggressive… read more »
Economic relationship Graph of US quarterly data (not annualized) from 1948 through 2016 estimates a form of the difference version of Okun’s law: %Change GDP = 3.2 – 1.8*(Change Unemployment Rate). R^2 of .463. Differences from other results are partly due to the use of quarterly data. In economics, Okun’s law is an empirically observed… read more »