COST-PLUS CONTRACT
Agreement to pay a firm for job based on the amount of money incurred in purchasing the necessary materials to complete the job plus additional payment. A contractor is reimbursed for the material costs and adds money to get the total cost of the job. It is commonly used in research and development activities where it is difficult to pinpoint in advance the cost of a job.
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Mature Economy
An economic situation where the birth rate is stable or lower than mortality rate, as well as the pace of economic growth has slowed down. It is ch ...
Blackberry Addiction
Colloquial term for overreliance or overuse of Blackberry. The smartphone is manufactured by Research in Motion. It is a prevailing condition for s ...
Completed Contract Method - CCM
Accounting method allowing a taxpayer or business to defer reporting of income and expenses until the contract has been completed. Frequently, this ...
Choice Market
Market in which the spread between the bid and ask prices for a particular financial instrument is zero. Meaning the instrument can be purchased fo ...
Rational Pricing
A theory that states the prices that reflect a security’s fundamental value and the absence of arbitrage opportunities.
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An Introduction to Insurance
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| Time | Country | Indices | Period |
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| 03:45 | Markit Final Manufacturing PMI | Oct | |
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