Economics

Price elasticity of demand is a measurement of the change in consumption of a product in relation to a change in its price. A good’s…

Tacit collusion happens when other businesses usually accept price changes established by a dominant firm and which other firms then follow. It occurs where firms…

Cournot competition is an economic model in which competing firms choose a quantity to produce independently and simultaneously. It is an economic model used to…

From 1941 to 1945, Series E Bonds were sold to fund the United States’ participation in World War II. They were available as retail investments…

Bonus shares are additional shares given to the current shareholders without any additional cost, based upon the number of shares that a shareholder owns. These…

During World War I (WWI), war bonds were sold to both retail and wholesale buyers, with the aim of raising enough money to fund the…

War bonds are a type of government loan used to help finance a war or dispute. Since war bonds offered a lower rate of return…

Preference equity shares are generally issued to an investor as a guarantee of the payment of cumulative dividends before returns are distributed among ordinary shareholders.…

Ordinary Shares or Common Stock represents shares of ownership in a corporation and the type of stock in which most people invest. This is a…

Buying power is the number of services or goods a company, person, group, or currency is able to purchase. Collective buying power is the ability…

Purchasing power is the value of a currency expressed in terms of the number of goods or services that one unit of money can buy.…

The sell to close (STC) options trading order applies to closing out (selling) a long position in an options contract. STC means “Closing a position…