Home > Industry/Domain > Economy
Economy
Pertaining to the system or range of economic activity in a country, region, or community.
6Categories 106534Terms
Add a new termContributors in Economy
Economy > Economics
barriers to entry
Economy; Economics
How firms keep out competition--an important source of incumbent advantage. There are four main sorts of barriers. * A firm may own a crucial resource, such as an oil well, or it ...
bankruptcy
Economy; Economics
When a court judges that a debtor is unable to make the payments owed to a creditor. How bankrupts are treated can affect economic growth. If bankrupts are punished too severely, ...
balanced budget
Economy; Economics
When total public-sector spending equals total government income during the same period from taxes and charges for public services. Politicians in some countries, such as the ...
balance of payments
Economy; Economics
The total of all the money coming into a country from abroad less all of the money going out of the country during the same period. This is usually broken down into the current ...
backwardation
Economy; Economics
When a commodity is valued more highly in a spot market (that is, when it is for delivery today) than in a futures market (for delivery at some point in the future). Normally, ...
Sub-categories
- Ecommerce (149)
- Economic standardization (81)
- Economics (60867)
- Forex (918)
- International economics (35907)
- International trade (7996)