LOBBY
Act of attempting to exert an influence (i.e. lobbying); a group of like-minded people that attempts to influence an authoritative body in their favor. A lobby is usually formed to sway authorities to act in such a way it is beneficial to the group’s best interest, either through a promising legislation or by obstructing unfavorable measures. It comprises of individuals, groups, and businesses that can be formed around the world. Some countries have seen an apt way to regulate the lobby’s activities because of its negative effect towards the democratic process.
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Giffen Good
Good for which demand rises as the price escalates, and declines when the price decreases. It has an upward-sloping demand curve, contrary to the f ...
Inactivity Fee
Fee charged to investors by brokerages for infrequent trading in their brokerage accounts to meet the minimum trading requirement
CVE
Currency abbreviation for the Cape Verde escudo, the official currency of the Republic of Cape Verde. The CVE subunit is called the centavo. Instea ...
Product Recall Insurance
An insurance that covers the costs involved in recalling possibly defective products made by the insured.
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Fixed interest rates.
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