MARGINAL RATE OF SUBSTITUTION
Measurement on the amount of a commodity a consumer will give up to get another good, as long as the level of satisfaction remains the same. The Marginal Rate of Substitution (MRS) is used in indifference theory in order to examine consumer behavior. MRS is computed between two commodities in an indifference curve that shows the margin of equal utility, for every combination of ‘Commodity A’ and ‘Commodity B’. It is always changing for a given point on the curve, reflecting the slope of the curve at that point.
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Capital Commitment
Future capital payments that a firm has pledged to pay out on long-term assets over a particular time period. This also talks about the securities ...
Overwithholding
A term which refers to an excess amount of tax being withheld for an employee. It will be sent back as a refund to the taxpayer after he or she fil ...
Diluted Earnings Per Share - Diluted EPS
It is the measure of a company’s profits.
Covenant
Promise a firm made to an indenture or other formal debt agreement, stating some activities will or won’t be carried out. In finance, it freq ...
Gross Spread
Difference between the security price paid by the underwriter and the actual price charged to the public. The spread compensates the underwriters o ...
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| Time | Country | Indices | Period |
|---|---|---|---|
| 02:30 | PMI Manufacturing | Nov | |
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| 03:45 | Markit Final Manufacturing PMI | Nov | |
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