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Consumer Surplus

Economic metric of consumer satisfaction, computed by determining the difference between the amount of money consumers are willing to pay for a product or service relative to its market price. It occurs when the customer is wil ...

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POPULAR TERMS

Concentration Ratio
Ratio indicating the relative size of companies in respect to their industry in general. Low concentration ratio denotes higher competition among t ...
Back-To-Back Letters Of Credit
Two letters of credit (LCs) utilized together to aid a merchant in financing the buying of services or equipment from a subcontractor. With the aut ...
Stock Market Crash of 1987
Rapid and one of the most severe downturn in stock prices which took place on October 19, 1987. Following five days of intensifying stock market pl ...
Z-Score
“Z-Score” is a statistical measurement showing the relationship of the score to the mean. It can be positive or negative, which means t ...
Premium
The total cost of an option. The difference between the higher price paid for a fixed-income secur ...
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