RAGNAR FRISCH
Ragnar Frisch is an economist from Norway, who became a joint winner of the first Nobel Prize in 1969 together with Jan Tinbergen for his research in econometrics. He also specialized in other areas of research such as linear regression analysis, time series, business cycles and production theory. He formed the Econometric Society, and invented the terms "microeconomics", "macroeconomics", and "econometrics".
POPULAR TERMS
Netting
Settling mutual obligations at the net value of a contract as opposed to its gross dollar value.
Lemming
An investor who follows the crowd in investing without doing any research on his/her investments. Usually, lemming results to significant losses. T ...
Transaction Deposit
Bank deposit that can be immediately withdrawn, transferred, or otherwise transacted by the depositor. Banks are required to maintain reserves on h ...
Value Fund
Value Fund refers to a stock mutual fund that holds stocks, which are believed to be undervalued in price but are likely to be capable of paying di ...
Market Order
Most common way of carrying orders; an instruction or order from a client, via broker or brokerage service, to immediately purchase or sell an inve ...
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