Economics

Economics

basics of economics

Industry: Economy

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Economics

socialism

Economy; Economics

The exact meaning of socialism is much debated, but in theory it includes some collective ownership of the means of production and a strong emphasis on equality, of some sort.

soft currency

Economy; Economics

A currency that is expected to drop in value relative to other currencies.

soft dollars

Economy; Economics

The value of research services that brokerage companies provide “free” to investment managers in exchange for the investment managers’ business. Economists disagree on whether or not such hidden ...

soft loan

Economy; Economics

A loan provided at below the market interest rate. Soft loans are used by international agencies to encourage economic activity in developing countries and to support non-commercial activities.

sovereign risk

Economy; Economics

The risk that a government will default on its debt or on a loan guaranteed by it.

special drawing rights (SDR)

Economy; Economics

Created in 1967, the SDR is the IMF's own currency. Its value is based on a portfolio of widely used currencies.

speculation

Economy; Economics

An attitude to investment that is often criticized. According to critics, speculation involves buying or selling a financial asset with the aim of making a quick profit. This is contrasted with ...