Economics/Glossary: Difference between revisions
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imported>Nick Gardner No edit summary |
imported>Nick Gardner No edit summary |
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{{subpages}} | {{subpages}} | ||
:"(more specialised glossaries are available on the Related Articles subpages of other economics articles)'' | :"(more specialised glossaries are available on the Related Articles subpages of other economics articles)'' | ||
{{TOC|right}} | |||
==A== | |||
{{r|Adverse selection}} | {{r|Adverse selection}} | ||
{{r|Arbitrage}} | {{r|Arbitrage}} | ||
{{r|Asymmetric information}} | {{r|Asymmetric information}} | ||
{{r|Automatic stabilisers}} | {{r|Automatic stabilisers}} | ||
==B== | |||
{{r|"Bad bank"}} | {{r|"Bad bank"}} | ||
{{r|Banking panic}} | {{r|Banking panic}} | ||
Line 15: | Line 17: | ||
{{r|Bond (finance)}} | {{r|Bond (finance)}} | ||
{{r|Broad money}} | {{r|Broad money}} | ||
{{r|Broker}} | |||
{{r|Budget balance}} | {{r|Budget balance}} | ||
{{r|Budget deficit}} | {{r|Budget deficit}} | ||
==C== | |||
{{r|Capital (banking)}} | {{r|Capital (banking)}} | ||
{{r|Carry trading}} | {{r|Carry trading}} | ||
Line 37: | Line 41: | ||
{{r|Currency board}} | {{r|Currency board}} | ||
{{r|Cyclically-adjusted budget deficit}} | {{r|Cyclically-adjusted budget deficit}} | ||
==D== | |||
{{r|Debt_instrument}} | {{r|Debt_instrument}} | ||
{{r|Debt trap}} | {{r|Debt trap}} | ||
Line 44: | Line 49: | ||
{{r|Discount window}} | {{r|Discount window}} | ||
{{r|Discount_rate}} | {{r|Discount_rate}} | ||
==E== | |||
{{r|Exchange rate protectionism}} | {{r|Exchange rate protectionism}} | ||
==F== | |||
{{r|Fallacy of composition (economics)}} | {{r|Fallacy of composition (economics)}} | ||
{{r|Fiat money}} | {{r|Fiat money}} | ||
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{{r|Freddie Mac}} | {{r|Freddie Mac}} | ||
{{r|Full employment deficit}} | {{r|Full employment deficit}} | ||
==G== | |||
{{r|Generational accounts}} | {{r|Generational accounts}} | ||
{{r|Great moderation}} | {{r|Great moderation}} | ||
==H== | |||
{{r|Hedging}} | {{r|Hedging}} | ||
{{r|Hedge fund}} | |||
{{r|Herding (banking)}} | {{r|Herding (banking)}} | ||
{{r|High-powered money}} | {{r|High-powered money}} | ||
==I== | |||
{{r|Insolvency}} | {{r|Insolvency}} | ||
{{r|Interbank market}} | {{r|Interbank market}} | ||
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{{r|Investment bank}} | {{r|Investment bank}} | ||
{{r|IS-LM model}} | {{r|IS-LM model}} | ||
==J,K,L== | |||
{{r|Kurtosis}} | {{r|Kurtosis}} | ||
{{r|Learning curve}} | |||
{{r|Lender of last resort}} | {{r|Lender of last resort}} | ||
{{r|Leverage}} | {{r|Leverage}} | ||
{{r|LIBOR}} | |||
{{r|Liquidity}} | {{r|Liquidity}} | ||
{{r|Liquidity trap}} | {{r|Liquidity trap}} | ||
==M== | |||
{{r|Margin account}} | {{r|Margin account}} | ||
{{r|Margin call}} | {{r|Margin call}} | ||
Line 80: | Line 95: | ||
{{r|Money supply}} | {{r|Money supply}} | ||
{{r|Moral hazard}} | {{r|Moral hazard}} | ||
==N== | |||
{{r|National debt}} | {{r|National debt}} | ||
{{r|National Debt - Maastricht definition}} | {{r|National Debt - Maastricht definition}} | ||
{{r|Net present value}} | {{r|Net present value}} | ||
{{r|Normal distribution}} | {{r|Normal distribution}} | ||
==O== | |||
{{r|Option}} | {{r|Option}} | ||
{{r|Output gap}} | {{r|Output gap}} | ||
==P,Q== | |||
{{r|Portfolio insurance}} | {{r|Portfolio insurance}} | ||
{{r|Primary budget deficit}} | {{r|Primary budget deficit}} | ||
{{r|Prime rate}} | {{r|Prime rate}} | ||
{{r|Protection}} | |||
{{r|Quantitative easing}} | {{r|Quantitative easing}} | ||
==R== | |||
{{r|Random_walk}} | {{r|Random_walk}} | ||
{{r|Recession (economics)}} | {{r|Recession (economics)}} | ||
Line 97: | Line 117: | ||
{{r|Risk premium}} | {{r|Risk premium}} | ||
{{r|Run (banking)}} | {{r|Run (banking)}} | ||
==S== | |||
{{r|Securitisation}} | {{r|Securitisation}} | ||
{{r|Selling short}} | {{r|Selling short}} | ||
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{{r|Supply-side measures}} | {{r|Supply-side measures}} | ||
{{r|Systemic failure (finance)}} | {{r|Systemic failure (finance)}} | ||
==T,U,V,W,X,Y,Z== | |||
{{r|Tax wedge}} | {{r|Tax wedge}} | ||
{{r|Terms of trade}} | |||
{{r|Value at risk}} | {{r|Value at risk}} | ||
{{r|Variance}} | {{r|Variance}} | ||
{{r|Warrant}} | {{r|Warrant}} | ||
{{r|Yield spread}} | {{r|Yield spread}} |
Revision as of 01:57, 7 June 2009
- "(more specialised glossaries are available on the Related Articles subpages of other economics articles)
A
- Adverse selection [r]: a partial market failure that occurs when there are traders who take advantage of asymmetric information, raising uncertainty and leading to a reduction in the value of its products. [e]
- Arbitrage [r]: transactions to take advantage of a price differences of a product in different markets by buying where it is cheap and selling where it is dear. The possibility of arbitrage often prevents the occurrence of price differences. [e]
- Asymmetric information [r]: a situation in which a seller has information that is not available to potential buyers - or vice-versa. [e]
- Automatic stabilisers [r]: the tendency in times of falling economic activity for the government spending to rise, and for tax receipts to fall - and the reverse tendency in times of rising economic activity [e]
B
- "Bad bank" [r]: Add brief definition or description
- Banking panic [r]: A widespread fear of insolvency because of uncertainty concerning the true value of banking assets. [e]
- Base money - see Monetary base
- Basis point [r]: (bp) one hundredth of a percentage point . [e]
- Beta [r]: A measure of the degree to which the rate of return of a share tracks that of the equity market as a whole (defined as the covariance between the share's rate of return and the average market rate, divided by the variance of the market rate). If beta = 1 the share's rate of return moves in line with the market rate; if it is negative, it falls when the market rate rises. [e]
- Bill (finance) [r]: {a) A loan with a duration of no more than a year (b)a documentary record of short-term indebtedness. [e]
- Bill of Exchange [r]: A written order to pay the holder a stated sum of money at a stated date (otherwise known as a "draft", the person who is paid being termed the "drawer"). [e]
- Bond (finance) [r]: a fixed-interest security issued by governments, companies, banks and others. [e]
- Broad money [r]: cash, current account deposits in banks and other financial institutions, savings deposits and time-restricted deposits (see also high-powered money). [e]
- Broker [r]: Individual or firm that provides investment advise to clients and executes their buying and selling instructions, usually by acting as a market maker. [e]
- Budget balance [r]: the difference between a central government's revenue and its expenditure in a given financial year. Conventions differ concerning the items that are included, and various cyclical adjustments can be made to identify its discretionary element.. [e]
- Budget deficit [r]: the excess of a government's expenditures over its receipts. See also cyclically-adjusted budget deficit [e]
C
- Capital (banking) [r]: A bank's assets minus its liabilities. [e]
- Carry trading [r]: the practice of borrowing at a low interest rate in order to invest at a higher interest rate, or of selling the currency of a country that has low interest rates and buying the currency of a country that has high interest rates. [e]
- CDS - see Credit Default Swap
- CDS spread [r]: the annual percentage charge for a credit default swap [e]
- Central Bank [r]: Add brief definition or description
- Commercial bank [r]: Add brief definition or description
- Commercial paper [r]: Add brief definition or description
- Complex interactive system [r]: Add brief definition or description
- Contagion (banking) [r]: Add brief definition or description
- Consumer surplus [r]: Add brief definition or description
- Corporation [r]: Add brief definition or description
- Cost_of_capital [r]: Add brief definition or description
- Covariance [r]: Add brief definition or description
- Covered bond [r]: Add brief definition or description
- Credit crunch [r]: Add brief definition or description
- Credit default swap [r]: Add brief definition or description
- Credit risk [r]: Add brief definition or description
- Crowding out [r]: Add brief definition or description
- Currency board [r]: Add brief definition or description
- Cyclically-adjusted budget deficit [r]: Add brief definition or description
D
- Debt_instrument [r]: Add brief definition or description
- Debt trap [r]: Add brief definition or description
- Deflation [r]: Add brief definition or description
- Deleveraging [r]: Add brief definition or description
- Derivative [r]: Add brief definition or description
- Discount window [r]: Add brief definition or description
- Discount_rate [r]: Add brief definition or description
E
F
- Fallacy of composition (economics) [r]: Add brief definition or description
- Fiat money [r]: Add brief definition or description
- Financial asset [r]: Add brief definition or description
- Financial_Intermediary [r]: Add brief definition or description
- Financial_regulator [r]: Add brief definition or description
- Fiscal gap [r]: Add brief definition or description
- Fiscal stimulus [r]: Add brief definition or description
- Fiscal sustainability [r]: Add brief definition or description
- Fractional reserve banking [r]: Add brief definition or description
- Freddie Mac [r]: Add brief definition or description
- Full employment deficit [r]: Add brief definition or description
G
- Generational accounts [r]: Add brief definition or description
- Great moderation [r]: Add brief definition or description
H
- Hedging [r]: Add brief definition or description
- Hedge fund [r]: Add brief definition or description
- Herding (banking) [r]: Add brief definition or description
- High-powered money [r]: Add brief definition or description
I
- Insolvency [r]: Add brief definition or description
- Interbank market [r]: Add brief definition or description
- Interest rate risk [r]: Add brief definition or description
- Internal rate of return [r]: Add brief definition or description
- Investment bank [r]: Add brief definition or description
- IS-LM model [r]: Add brief definition or description
J,K,L
- Kurtosis [r]: Add brief definition or description
- Learning curve [r]: Add brief definition or description
- Lender of last resort [r]: Add brief definition or description
- Leverage [r]: Add brief definition or description
- LIBOR [r]: Add brief definition or description
- Liquidity [r]: Add brief definition or description
- Liquidity trap [r]: Add brief definition or description
M
- Margin account [r]: Add brief definition or description
- Margin call [r]: Add brief definition or description
- Market risk [r]: Add brief definition or description
- Monetary base [r]: Add brief definition or description
- Monetisation (of public debt) [r]: Add brief definition or description
- Money market [r]: Add brief definition or description
- Money supply [r]: Add brief definition or description
- Moral hazard [r]: Add brief definition or description
N
- National debt [r]: Add brief definition or description
- National Debt - Maastricht definition [r]: Add brief definition or description
- Net present value [r]: Add brief definition or description
- Normal distribution [r]: Add brief definition or description
O
P,Q
- Portfolio insurance [r]: Add brief definition or description
- Primary budget deficit [r]: Add brief definition or description
- Prime rate [r]: Add brief definition or description
- Protection [r]: Add brief definition or description
- Quantitative easing [r]: Add brief definition or description
R
- Random_walk [r]: Add brief definition or description
- Recession (economics) [r]: Add brief definition or description
- Reserve ratio [r]: Add brief definition or description
- Redemption yield [r]: Add brief definition or description
- Ricardian equivalence [r]: Add brief definition or description
- Risk premium [r]: Add brief definition or description
- Run (banking) [r]: Add brief definition or description
S
- Securitisation [r]: Add brief definition or description
- Selling short [r]: Add brief definition or description
- Shadow banking system [r]: Add brief definition or description
- Sharpe ratio [r]: Add brief definition or description
- Skewness [r]: Add brief definition or description
- Sovereign default [r]: Add brief definition or description
- Sovereign spread [r]: Add brief definition or description
- Spread - see Yield spread
- Standard deviation [r]: Add brief definition or description
- Standardised budget deficit [r]: Add brief definition or description
- Structured investment vehicle [r]: Add brief definition or description
- Supply-side measures [r]: Add brief definition or description
- Systemic failure (finance) [r]: Add brief definition or description
T,U,V,W,X,Y,Z
- Tax wedge [r]: Add brief definition or description
- Terms of trade [r]: Add brief definition or description
- Value at risk [r]: Add brief definition or description
- Variance [r]: Add brief definition or description
- Warrant [r]: Add brief definition or description
- Yield spread [r]: Add brief definition or description