MARGINAL LENDER
- A financial institution or business that will only make loan to a borrower on a certain interest rate. The transaction will not take place if the rate of interest drops below the level set by the lender.
- In the European Union, it is the act of giving overnight liquidity to banks via European Central Bank. The interest rate on the loans they provided is called marginal lending rate, which is equivalent to the Fed funds in the United States.
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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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