Search results
Results From The WOW.Com Content Network
An economic theory that defines wealth by the amount of precious metals owned. [56] business cycle. Also called the economic cycle or trade cycle. The downward and upward movement of gross domestic product (GDP) around its long-term growth trend. [57] The length of a business cycle is the period of time containing a single boom and contraction ...
The economics term cost, also known as economic cost or opportunity cost, refers to the potential gain that is lost by foregoing one opportunity in order to take advantage of another. The lost potential gain is the cost of the opportunity that is accepted. Sometimes this cost is explicit: for example, if a firm pays $100 for a machine, its cost ...
Slang terms for money often derive from the appearance and features of banknotes or coins, their values, historical associations or the units of currency concerned. Within a language community, some of the slang terms vary in social, ethnic, economic, and geographic strata but others have become the dominant way of referring to the currency and are regarded as mainstream, acceptable language ...
The earliest recorded occurrence of the word as slang for money appears to have been in the late 19th century in the United States. The New Oxford Dictionary of English marks the origin as US slang. However, according to the Cassell Dictionary of Slang, [4] the term can be traced back to the mid-19th century in England. Other sources also ...
Arbitrage. In economics and finance, arbitrage ( / ˈɑːrbɪtrɑːʒ /, UK also /- trɪdʒ /) is the practice of taking advantage of a difference in prices in two or more markets – striking a combination of matching deals to capitalize on the difference, the profit being the difference between the market prices at which the unit is traded.
Slang. A slang is a vocabulary (words, phrases, and linguistic usages) of an informal register, common in everyday conversation but avoided in formal writing. [ 1][ 2] It also often refers to the language exclusively used by the members of particular in-groups in order to establish group identity, exclude outsiders, or both.
The term is "probably an agent noun"[7]from the word crack. The word crack was later adopted into Gaelicas the word craicmeaning a "loud conversation, bragging talk"[8][9]where this interpretation of the word is still in use in Ireland, Scotland, and Northern Englandtoday. The historical derivative of the word craicand its meaning can be seen ...
It supports anonymity and avoids tracking for economic or political reasons. [31] In addition, cash is the only means for contingency planning in order to mitigate risks in case of natural disasters or failures of the technical infrastructure like a large-scale power blackout or shutdown of the communication network. [32]