- Industry: Education
- Number of terms: 31274
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1. An unexpected change. 2. Any change in an exogenous variable (although strictly speaking, models often fail to deal adequately with the complications of an exogenous change being expected).
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
1. The interest rate on any financial instrument of short maturity. 2. Denoted STIR, a particular financial instrument that is a futures contract on a short term interest rate, often a 3-month interest rate in any of a variety of currencies.
Industry:Economy
1. Happening within the short run, or within a matter of months. 2. In the case of bonds or capital flows, this refers to financial assets with a maturity of less than one year.
Industry:Economy
A capital flow that is short-term; of interest because such capital flows are likely to be very liquid and therefore easily reversed and sources of instability in exchange markets.
Industry:Economy
A case filed in the WTO against the United States for restricting imports of shrimp from countries whose shrimp were caught by means that endangered sea turtles. The WTO ruled against the U. S. , enraging many environmentalists.
Industry:Economy
A monetary system in which the value of a currency is defined in terms of silver. If two currencies are both on a silver standard, then the exchange rate between them is approximately determined by their two prices in terms of silver.
Industry:Economy
A proposal that the world should share a single currency, managed by a single international central bank.
Industry:Economy
A term, in trade negotiations, for requiring participants to accept or reject the outcome of multiple negotiations in a single package, rather than selecting among them.
Industry:Economy
A technological change or technological difference that is biased in favor of using more skilled labor, compared to some definition of neutrality.
Industry:Economy
