- Industry: Education
- Number of terms: 31274
- Number of blossaries: 0
- Company Profile:
An agreement to sell a security for a specified price and to buy it back later at another specified price. A repo is essentially a secured loan.
Industry:Economy
1. International reserves of a government or central bank. 2. Amounts held by commerical banks in their vaults or on deposit with the central bank as backing for deposits.
Industry:Economy
1. An input to be used in an activity, especially production. 2. A natural resource.
Industry:Economy
1. A reassessment of what something is worth, especially an upward reassessment. 2. Of an exchange rate, opposite of a devaluation. Thus, and appreciation.
Industry:Economy
1. Uncertainty associated with a transaction or an asset. 2. The probability of loss. Differs from definition 1 because "uncertainty" includes probability of gain as well.
Industry:Economy
1. To approve or give permission for an action, as when an international organization sanctions the use of particular economic policies. 2. A coercive measure used by a nation or group of nations against another as a penalty for violating international law or international norms. Usually plural: sanctions.
Industry:Economy
An agreement (later, convention) signed in 1985 to remove all frontier controls and permit free movement of persons between the participating countries. In 1999 it was incorporated into the European Union. As of 2007, there were 15 participants: all EU15 countries except Ireland and the U. K. , plus Iceland and Norway.
Industry:Economy
A portion of the economy producing a particular category of goods or services, as the agricultural sector, the banking sector, etc.
Industry:Economy
1. A product that is not embodied in a physical good and that typically effects some change in another product, person, or institution. Contrasts with good. Trade in services is the subject of the GATS. 2. To make the scheduled payments on a debt, usually including both interest and amounts towards repayment of the principal. See debt service.
Industry:Economy
1. Used with "sell" or "sale," this means that the seller does not currently have the thing being sold, but intends to acquire it on the market prior to making delivery. 2. Used by itself as a verb, it means to sell short, as "to short a currency," meaning to sell it forward in anticipation that its value on the spot market will fall.
Industry:Economy
