A comprehensive guide to the Chicago Board of Trade (CBOT), the world's oldest futures and options exchange, its history, operations, and merger with CME Group.
The Chicago School of Economics emphasizes the benefits and efficiency of free markets over centrally planned economies, rooted in the works of faculty members at the University of Chicago like Milton Friedman and F. A. Hayek.
An in-depth look at Circulation Expenses - the costs associated with establishing, maintaining, or increasing the circulation of a periodical.
Understanding the Civilian Labor Force and Its Significance in Economic Analysis
An in-depth look at Class Life Asset Depreciation, its mechanics, types, considerations, examples, and significance in various industries.
Classical Economics, established in the eighteenth century by Adam Smith, emphasizes the role of unregulated markets in achieving desirable social results through the concept of the 'invisible hand.'
An in-depth exploration of classification principles, encompassing job evaluation and business activity categorization.
The Clayton Antitrust Act of 1914 is a significant legislation aimed at promoting fair competition and preventing monopolistic practices in the United States. It builds upon earlier antitrust laws by addressing specific practices that were not adequately covered.
A detailed exploration of clearance sales, their purpose in retail, strategies involved, and their impact on both consumers and businesses.
A Clearing Market is one where supply and demand reach equilibrium quickly, eliminating excess supply or demand at the market price.
Comprehensive definition of a client, its significance in various professional services including advertising, finance, IT, and more.
A Closed Economy is a self-sufficient economic system in which all production and consumption are contained within itself, with no external trade.
A Closed Shop refers to an organization where being a union member is a prerequisite for employment. This practice was largely restricted by the Taft-Hartley Act of 1947.
An exploration of the 'Closed Union,' also known as a 'Closed Shop,' in labor laws and employment practices. This article discusses its definitions, types, examples, historical context, applicability, comparisons, related terms, FAQs, and references.
Closeout refers to the process of selling off remaining inventory or discontinued items at reduced prices to clear out stock in retail.
A comprehensive overview of the CME Group, formed in 2007 by the merger of the Chicago Board of Trade (CBOT) and the Chicago Mercantile Exchange (CME).
Understanding the cost of passenger transportation based on an ordinary class of service that is less luxurious and less expensive than first-class service.
An in-depth analysis of the Coase Theorem, which posits that markets can address externalities through negotiation without the need for government intervention.
An explanation of market adjustments to changes in supply and demand, wherein prices oscillate toward an equilibrium price, resembling a spider web pattern on a graph.
Comprehensive exploration of COD encompassing Cash on Delivery and Cancellation of Debt with examples, applicability, and related terms.
Economic indicators that move in tandem with the current state of economic activity, providing real-time insights into the performance of an economy.
A comprehensive overview of Cost-of-Living Adjustment (COLA), its mechanisms, applications, historical context, and related terms.
A detailed examination of the collapsible corporation, its tax implications, historical context, and special considerations.
A detailed overview of collectibles, including their types, investment value, and applications in economic activities.
Collective goods are goods consumed simultaneously by multiple consumers, such as streets, roads, police protection, fire protection, and national defense. These goods are provided by the government as they cannot be efficiently priced or quantified by markets.
Collusion is a secret agreement between parties to deceive or defraud others, or to achieve an unlawful objective.
A comprehensive examination of collusive oligopolies, where a few producers collaborate on pricing and market allocation, exemplified by cartels like OPEC.
An in-depth look at Combined Statistical Areas (CSAs) as defined by the U.S. Census Bureau, including their components, economic significance, and examples.
A Command Economy is an economic system where supply and price are regulated by a central authority, exemplified by communist economies. Learn about its characteristics, historical context, and comparisons with other economic systems.
Commercial property refers to real estate intended for use by businesses for retail, wholesale, office, hotel, service, manufacturing, or industrial purposes.
A detailed explanation of a commercial unit, its significance in trade, and implications in contractual agreements.
A commissary is a store that sells food and supplies, often at military outposts, typically subsidized to offer reduced prices for qualified clientele.
Detailed overview of Commodity Cartel, an organization formed to control the price and supply of a particular commodity, often raw materials. Examples include OPEC and the International Coffee Organization.
Commodity Money refers to money that derives its value from the commodity it is made of, such as gold coins, where the value is typically intrinsic to the material, not merely the denomination stamped on it.
In-depth exploration of Common Carriers, their history, types, legal definitions, and role in transportation.
A comprehensive guide to understanding common carriers, including their types, historical context, legal aspects, and applicability in various industries.
A comprehensive overview of the Community Reinvestment Act (CRA), a federal law designed to encourage lending institutions to serve low- and moderate-income communities and combat redlining.
A detailed examination of commuter taxes, their applications, implications, historical context, and more.
Detailed exploration of Company Unions, their characteristics, implications, history, and comparison with independent labor unions.
Comparable Worth is an employment theory advocating for compensation based on the value of the job to the organization rather than who holds the position. This principle is particularly significant in addressing gender pay disparities.
Comparison shopping is a process whereby a consumer gathers comprehensive information about products and services to compare before making a purchase. This practice involves visiting stores, comparing advertisements, and conducting related research.
An in-depth exploration of compensation, examining both direct and indirect monetary and nonmonetary rewards given to employees based on job value, contributions, and performance.
A comprehensive overview of competition in the marketplace, exploring its role in resource allocation, efficient production, and the overall economy.
An in-depth explanation of competitive advantage, its types, examples, historical context, and related terms.
A comprehensive guide on Competitive Bids, a method where prospective contractors submit sealed bids with price and terms to a purchaser who awards the contract to the best offer.
Competitive Equilibrium, also known as Equilibrium Price, represents a state in market economics where supply equals demand, ensuring that all market transactions occur without excess supply or demand.
Understanding Competitors: Definitions, Types, Examples, and Market Implications
A comprehensive look at complementary goods, their demand dynamics, and examples in the market.
A comprehensive overview of the Compound Amount of One (CAO), including its definition, formula, examples, and historical context. Explore the importance and applications of CAO in finance, investments, and more.
A detailed exploration of the Compound Growth Rate, its calculation, significance, and applications.
The Comptroller of the Currency is a federal official appointed by the President and confirmed by the Senate, tasked with overseeing national banks including chartering, examining, and supervising financial institutions.
Detailed overview of compulsory arbitration, involving the submission of labor disputes to neutral third parties for resolution. Learn about the history, process, implications, and critiques of binding arbitration.
Comprehensive entry about Compulsory Checkoff, its applications, historical context, and related terms.
The concentration ratio measures the proportion of sales provided by the largest firms in an industry, often highlighting the degree of market power held by those firms.
A detailed definition of 'concession' encompassing small shops, government-granted rights, lease incentives, and selling group compensation.
A comprehensive examination of Concession Agreements, including their structure, types, key components, examples, and practical implications in international investments.
An in-depth exploration of compensation received through the Condemnation Award process, including the valuation, legal procedures, historical context, and practical applications.
A conditional sale involves a transaction where the vendee gains possession and use of goods while the title transfer is contingent upon specific conditions, typically full payment of the purchase price. It may also refer to a purchase accompanied by a resale agreement under certain terms.
A comprehensive overview of conglomerates, detailing their structure, history, advantages, and disadvantages, along with related concepts and FAQs.
An in-depth study of the Congress of Industrial Organizations (CIO), a pivotal union movement in American labor history, and its impact after merging to form the AFL-CIO.
An in-depth exploration of consignment, focusing on its definition, types, historical context, and applications.
Detailed explanation of Consolidation as a Type A reorganization, where two or more corporations combine into a new corporation, including tax implications and historical context.
Constant dollars refer to the value of money from a base year, adjusted to compare purchasing power over different time periods.
Constant Returns to Scale (CRS) describes a situational framework in economics where the change in output is directly proportional to the change in inputs, resulting in the production efficiency remaining constant as the scale of production expands.
A constituent company is one that is part of a group of affiliated, merged, or consolidated corporations. This entry explores the definitions, types, special considerations, historical context, applicability, comparisons, related terms, and frequently asked questions regarding constituent companies.
An in-depth look at constraining (or limiting) factors that restrict or limit a firm's production or sales capabilities. Examples include machine-hours, labor-hours, material shortages, and other limitations.
A detailed exploration of the term 'Consumer,' defining it as the ultimate user of a product or service, and distinguishing it from 'Customer.'
A comprehensive overview of the Consumer Confidence Survey as a leading indicator of consumer spending, gauging public confidence about the health of the U.S. economy through random sampling.
The Consumer Credit Protection Act of 1968 established critical disclosure rules for lenders, ensuring transparency for borrowers regarding annual percentage rates, potential total costs, and special loan terms.
Detailed overview of Consumer Finance Companies, their functions, and significance in the financial landscape. See also: Finance Company.
Detailed explanation of consumer goods, their types, examples, and how they differ from capital goods.
The Consumer Price Index (CPI) is a measure of the change in consumer prices as determined by a monthly survey by the U.S. Bureau of Labor Statistics. This article explores its components, significance, historical context, and applications.
Comprehensive guide to consumer products, including types, usage, and economic implications.
Consumer research employs various techniques and strategies to understand consumer motivations, perceptions, and buying habits. This essential component of advertising research helps businesses tailor their offerings to meet consumer needs effectively.
Consumer sovereignty refers to the ability of consumers to obtain exactly what they want by paying a price that satisfies suppliers, and it is considered a prerequisite of properly functioning markets.
An economic concept referring to the additional satisfaction or utility a consumer gains from purchasing a product for a price lower than the maximum they are willing to pay.
A comprehensive exploration of consumerism, detailing the public concern over the rights of consumers, the quality of consumer goods, and the honesty of advertising.
Consummate refers to the act of bringing something to completion, such as a business arrangement, contract, or merger. It denotes the final stage where all details are settled, and the event or agreement officially takes place.
A comprehensive analysis of consumption, encapsulating its macroeconomic role as the total spending by individuals or nations on goods consumed during a specified time period.
The Consumption Function represents the mathematical relationship between the level of consumption and the level of income, demonstrating that consumption is greatly influenced by income levels.
The Consumption Possibility Line represents the maximum amounts of consumption possible at varying levels of disposable income or Gross Domestic Product (GDP). It helps in understanding the consumption capacity within an economy based on income constraints.
An in-depth exploration of the contract interest rate, also known as the face interest rate, covering definitions, types, applications, and more.
Contract Rent refers to the predetermined amount of rent specified in a rental agreement, distinguishing it from economic rent, which is influenced by market conditions.
A comprehensive overview of contraction in both corporate finance and macroeconomics, outlining the implications for shareholders, business cycles, and national economies.
A comprehensive examination of the role, responsibilities, and legal implications of contractors, with a focus on independent contractors.
An in-depth explanation of Contribution to Capital, encompassing its definition, types, implications in business, examples, historical context, and its relation to Capital Contributions and Capital Calls.
A comprehensive exploration of the term 'Contributions,' covering various contexts including charitable deductions and unemployment tax payments.
A controlled economy, also known as a planned economy, is an economic system in which government policy dictates much of the economic activity, rather than the free market mechanism. Examples include socialist and communist economies.
Convenience goods are frequently purchased consumer items that provide convenience in terms of time savings and utilitarianism. Examples include hair spray, shaving cream, and tissues.
Detailed information about converters, entrepreneurs who change the ownership and physical configuration of property, their roles, and impact on the real estate market.
A comprehensive explanation of convertible currency, its types, characteristics, and its impact in the foreign exchange market.
A detailed exploration of cooperatives, including their role in real property ownership and collective production or marketing of goods by members.
Detailed Explanation of 'Core' in Various Contexts Including Central Mechanism, Inflation Rate, CPU Design, and Historical RAM
Core-Based Statistical Area (CBSA) is a geographic entity consisting of counties associated with at least one core urbanized area or urban cluster of at least 10,000 people. It includes Metropolitan and Micropolitan Statistical Areas, and is measured through commuting ties.
Cornering the Market is the practice of purchasing a security or commodity in large volumes to control its price, which is considered illegal due to its artificial price manipulation effects.
Corporate acquisition refers to the process by which one company purchases most or all of another company's shares to gain control of that company. It is a strategic move aimed at expanding business operations, entering new markets, or acquiring new technologies.
A comprehensive look at corporations as legal entities, their distinguishing features, and their role in the economy.
A comprehensive guide to cost estimating, a crucial practice for determining the total costs associated with labor, materials, capital, and professional fees for proposed products or projects.
Cost-Benefit Analysis (CBA) is a systematic process used to evaluate the benefits and costs associated with a particular decision or project to determine its viability and efficacy. This method is widely applied in both corporate and government sectors to guide decision-making.
Exploring the concept of cost-effectiveness, which refers to the ability to generate sufficient value to offset an activity's cost, often interpreted as revenue in the context of business.
