LIFESTYLE INFLATION
The act of increasing costs as the income increases. An individual has the tendency to increase his or her spending amount continuously every time there is a salary raise, making it more difficult for them to get out of debt, save for retirement, or obtain huge financial goals. Also, they regard past luxuries as necessities now. This leads to people getting trapped in the rat race of working just to pay the bills. An individual can get out of lifestyle inflation by tracking their spending and saving amounts.
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Liquidity Adjustment Facility
A tool in monetary policy where banks are allowed to borrow money through repurchase agreements, and to respond to liquidity pressures. The governm ...
Data Warehousing
Electronic storage of information in a business or corporation. It should be secure, reliable and easy to retrieve and manage. It originated in 198 ...
One-Tailed Test
A statistical test where the critical area of a circulation is one-sided so that it is either less than or greater than a specific value, but not b ...
Less-than-Truckload
A shipping service that carries small loads of freight, weight between partial and full truckload. The service is being offered by many large and n ...
Original Cost
It simply refers to the total cost associated in buying an asset.
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