MICS
A World Bank classification that refers to countries with per-capita gross national income (GNI) between $1,036 and $12,615. It has these income categories that is being used for operation and analytical purposes.
The World Bank has three income classifications: low, middle, and high income. The institution use GNI per capita as the basis for these categories because it regard GNI as a wide measure, which is considered the sole best indicator of economic capability and progress. Low-income and middle-income nations are generally considered as developing countries.
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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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