Fixed-Rate Mortgage The term fixed-rate mortgage (FRM) is a completely amortizing mortgage loan where the interest rate on the bond stays the same over the loan period…
Solidarity Economy The Solidarity Economy is an alternative to capitalism and other authoritarian, state-dominated economic systems. It is a method for naming and conceptualizing transformative monetary qualities,…
Consumerism Consumerism is the protection or promotion of the interests of consumers. It is a social and economic order that encourages the acquisition of goods and…
Trade Liberalization Trade liberalization is the elimination or reduction of limitations or barriers between nations on the free exchange of goods. It involves eliminating barriers and promoting…
Critical Consumption Consumption trends and the associated impacts on natural ecosystems are of universal importance and interest to countries in all geographic regions and income groups. Critical…
Eco-investing Eco-investing or green investing is an environmental investment is a form of socially responsible investing (SRI) where investors focus on choosing investments in companies that…
Disinvestment Disinvestment is the withdrawal or reduction of investment. It means the sale or liquidation of assets by the government, usually Central and state public sector…
Gross Value Added (GVA) In economics, gross value added (GVA) is a measure of productivity measuring the contribution to the industry, manufacturer, sector, or region. Gross value added gives…
Variable Cost Variable costs are expenses which vary in proportion to the volume of products or services generated by an enterprise. Depending on the amount of output…
Differences Between Fixed Cost And Variable Cost Throughout economics, variable costs and fixed costs are the two main types of costs incurred by a business throughout manufacturing products and services. The distinction…
Part-time Job The definition of part-time is a type of job that is done for less than the normal amount of hours invested, or for less than…
Free Trade Agreement (FTA) A free trade agreement (FTA) or treaty is an agreement between two or more countries where the countries agree on certain obligations that affect trade…