A Fixed-Price Contract is a type of contract where the price is predetermined and remains unchanged, regardless of the actual costs incurred during production.
An explanation of the flat rate pricing model, where the per unit price remains constant regardless of the number of units purchased or other factors. Used in various contexts including advertising and direct marketing.
An examination of the flat tax system, applied uniformly across all income levels, highlighting its economic implications and comparisons with progressive tax systems.
Flight to Quality refers to the movement of capital from higher-risk investments to safer assets, such as U.S. Treasury bills, during periods of market uncertainty.
An in-depth exploration of the floating currency exchange rate system, where the value of a currency fluctuates based on market supply and demand, without direct governmental interventions.
Floating debt refers to the short-term obligations of a business or government that are continuously refinanced. Examples include bank loans due in one year, commercial paper, Treasury bills, and short-term Treasury notes.
Comprehensive explanation of the 'Flow of Funds' concept in economics and municipal bonds, covering the transfer of funds through financial intermediaries and the priority of municipal revenues.
Fluctuation refers to the change in prices or interest rates, either upward or downward, that can apply to the prices of stocks, bonds, commodities, or economic conditions.
The Focused Factory is a form of production limited to a very small number of products for a particular target market. This approach requires a smaller investment and allows developing a greater degree of expertise compared to a diversified manufacturing operation.
A For-Profit Corporation is an entity primarily organized with the objective of earning profits for its shareholders. This entry contrasts it with Nonprofit organizations and delves into its structure, advantages, and implications.
A Forced Sale is a mandatory sale of an asset or property at less than its fair market value because the seller is compelled to sell urgently, often due to legal or financial pressures.
An in-depth exploration of the instruments used in foreign exchange, including paper currency, notes, checks, bills of exchange, and electronic notifications for international payments.
Foreign Investment involves the investment by citizens or governments of one country into industries of another country, or within a country by foreigners, including the implications of income tax treatment governed by tax treaties.
The Foreign Trade Multiplier is a measure in economics that quantifies the increase in a country's Gross Domestic Product (GDP) resulting from the efficiencies and activities associated with foreign trade.
Forfeitable benefits refer to the situation in which a participant in a pension or profit-sharing plan has no ownership rights until certain service or performance requirements are met.
An in-depth exploration of form utility, which enhances the marketability of a product by changing its physical characteristics to better meet consumer requirements.
A detailed exploration of former buyers, who are previous customers that have not made additional purchases within a specified period, typically a year.
Forward Buying is a retail practice of purchasing more materials than immediately needed to take advantage of special discounts or trade allowances, or to increase profits.
A forward contract entails the actual future purchase or sale of a specific quantity of a commodity, financial instrument, or other asset at a price agreed upon today. Learn about its features, types, and real-world applications.
A market in which price is determined by the free, unregulated interchange of supply and demand. The opposite is a controlled market, where supply, demand, and price are artificially set.
Free Enterprise refers to an economic system where businesses operate with minimal government intervention, driven primarily by the laws of supply and demand, and capital is risked for profit-making pursuits.
The phrase 'Free Lunch' typically refers to something that seems to come at no cost, though the full expression 'there's no such thing as a free lunch' suggests that nothing is truly free.
An in-depth look at the concept of 'Free Riders' within organizations, where individuals benefit from a group's efforts without making adequate contributions due to lack of individual responsibility.
Understanding Frictional Unemployment, its causes, examples, and impact. An in-depth analysis of this necessary and unavoidable type of unemployment that arises from people changing jobs, moving, and rearranging their economic activity.
A comprehensive discussion of frictional unemployment, its causes, implications, duration, and examples, along with historical context and related terms.
A comprehensive exploration of a friendly takeover, where the target company's management and board of directors support the merger, considering it a fair value acquisition.
Comprehensive understanding of frontage, which refers to the linear distance a piece of land extends along a lake, river, street, or highway, often priced per front foot.
A comprehensive exploration of Full Employment, an economic condition where all available labor resources are being used in the most efficient way possible.
Understanding the Full Retirement Age (FRA) is crucial for Social Security beneficiaries to optimize their retirement benefits. This entry examines the age requirements, historical context, and impacts on benefits.
Functional obsolescence refers to the reduction in value of an asset due to its outdated features, often influenced by changing consumer preferences or advancements in technology.
Learn about the Future Worth (or Value) of One, also known as the Compound Amount of One. Understand its significance, calculation, historical context, and practical applications in finance, investments, and more.
The G-10 Advisory Forum, established in 1962, plays a pivotal role in global financial coordination, consisting of finance ministers and central bank governors from eleven major economies. Its purpose is to address international monetary issues and enhance global economic stability.
A comprehensive guide to understanding G-Type Reorganization, a mechanism involving the transfer of a corporation's assets in bankruptcy to another corporation with tax-free or partially tax-free distribution of stocks or securities to shareholders.
An in-depth look at G8, a forum of heads of state or government from major industrial democracies meeting annually since 1975 to address major economic and political challenges.
Gain Sharing is a motivational technique in which employees are compensated for measurable performance gains in areas such as sales, customer satisfaction, and cost reductions, often given to teams for achieving specified goals.
Gainful Employment or Occupation refers to work that is suited to an individual's abilities and provides adequate income. In the context of disability insurance, it encompasses the ordinary employment of the insured or another job approximating the same livelihood, considering the person's circumstances and physical and mental capabilities.
Game Theory is the science applied to the actions of people and firms facing uncertainty, viewing private economic decisions as moves in a game where participants devise strategies aimed at achieving objectives like gaining market share and increasing revenue.
A garage sale, also known as a tag sale, is an informal event where households sell used goods directly to buyers. These sales are typically held in garages, driveways, or yards.
A garnishee is an entity or individual who, upon receiving a legal notice, is required to hold assets that belong to another person until the conclusion of legal proceedings.
The Gas Guzzler Tax is a federal tax imposed on the sale, use, or lease of vehicles that do not meet specific fuel economy standards. Learn its history, applicability, and impact on consumers and manufacturers.
An in-depth exploration of the General Agreement on Tariffs and Trade (GATT), its historical context, evolution into the World Trade Organization (WTO), and its ongoing implications in international trade.
General Equilibrium Analysis represents a complex and systematic theoretical model in economics, including all markets simultaneously. It is utilized to examine relationships among markets, ensuring a thorough understanding of inter-market dependencies and equilibriums.
Overview of the General Retirement System, focusing on pension, annuity, and retirement funds established by states or political subdivisions for their employees.
An in-depth look at General Revenue in state and local governments, encompassing the total revenue less income from utilities, sales of alcoholic beverages, and insurance trusts.
A comprehensive overview of General Strikes, coordinated work stoppages aimed at pressuring management or government for contract terms, grievance resolutions, or union recognition.
Comprehensive explanation of a generic market, covering its definition, types, characteristics, examples, historical context, and related terms in Economics and Marketing.
A comprehensive guide to understanding the Geometric Mean, its applications, calculations, and significance in the fields of statistics, economics, finance, and more.
A comprehensive encyclopedia entry explaining the concept of a gift as a voluntary transfer of property made without consideration, including related terms like taxable gift and gift tax.
An economic equilibrium that exhibits an equality of expected real interest rates among countries when there are no restrictions on international trade, credit, and currency exchanges.
A goal is an individual or organizational objective intended to be achieved within a specific time period. For example, an organizational goal might be to become the market leader in a particular product category by the end of the following year.
Goal Congruence is the managerial principle that ensures the actions of all parts of an organization are aligned with the overarching objectives of the organization.
Explore the dynamics of Goal Programming — a form of linear programming that deals with the consideration of multiple, often conflicting goals. Understand its application, methods, and scope, along with relevant examples and historical context.
The process of daily gold price determination by selected gold specialists and bank officials in major financial centers like London, Paris, and Zurich. Prices are fixed at specific times each business day.
A comprehensive overview of the Gold Standard, its history, mechanisms, benefits, and limitations. Understand the anti-inflationary aspects of this system and its historical context in the United States.
Comprehensive entry covering the concept of a Golden Handshake, including its definition, types of incentives, historical context, and applicability in various sectors.
Golden Parachutes are lucrative contracts provided to top executives that offer lavish benefits in the event of a company takeover. These benefits often include severance pay, stock options, and bonuses.
An in-depth look at Government-Sponsored Enterprises (GSEs), including their definition, characteristics, historical context, and examples such as the Federal National Mortgage Association (FNMA) and the Federal Home Loan Mortgage Corporation (FHLMC).
Our mission is to empower you with the tools and knowledge you need to make informed decisions, understand intricate financial concepts, and stay ahead in an ever-evolving market.