LONG-RUN AVERAGE TOTAL COST - LRATC
A business metric used to represent the average cost per unit of output in the long run, where every input is considered as variable.
These costs are relatively always smaller than short-term unit costs. Firms, in the long-term frame, have the flexibility to modify huge factors of their operations such as factories, in order to attain optimal efficiency. Company management and investors aims to reach lower LRATC.
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BWP - Botswana Pula
Currency abbreviation for the Botswana Pula, the official currency of the Republic of Botswana. Presented with the symbol P, the currency is subdiv ...
Usury Rate
Usury Rate is the rate of interest that typically is unreasonably higher than the current market rates. Usury rate are most likely to be found in t ...
Hypermarket
Hypermarket is a combination of a department store and a grocery supermarket. A hypermarket offers various products like clothing, groceries, and a ...
Intermarket Trading System - ITS
An electronic computer system that connects the trading floors of all the main equity US exchanged. Essentially, the system allows any broker or ma ...
Global Industry Classification Standard - GICS
Standardized classification system for equities developed by Morgan Stanley Capital International (MSCI) and Standard & Poor's. The industr ...
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