ROBINSON-PATMAN ACT
Robinson-Patman Act is a federal law passed in 1936 to outlaw price discrimination. This is an amendment to the 1914 Clayton Antitrust Act and is supposed to prevent "unfair" competition. This act requires a business to sell its products at the same price regardless of who the buyer is and was intended to prevent large-volume buyers from gaining an advantage over small-volume buyers. The act only applies to sales of tangible goods that are completed within a reasonably close timeframe and where the goods sold are similar in quality.
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Digital Currency Exchanger - DCE
A market maker who exchanges one electronic currency for another. It charges a commission for this type of transaction, with transactions occur thr ...
Free Cash Flow Yield
An overall return evaluation ratio of a stock, which standardizes the free cash flow per share a company is expected to earn against its market pri ...
Benefit Expense Ratio
Metric used in health insurance. It is done by dividing a company’s cost in providing health services by revenues.
WBAG
Vienna Stock Exchange (WBAG) is an exchange located in Vienna, Austria. It facilitates around 60% of stocks being traded in the country.
Just in Time - JIT
An inventory method used by companies to raise efficiency and cut down waste by receiving goods when needed in the production process in order to t ...
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SEE FOREX TUTORIAL
Health Savings Account: Introduction
In essence, health savings account shoulders any health- and medical-related expenses that are not included in the high-deductible health plan. Pay ...
A Guide to Income Tax: Overlooked Credits and Cuts
The US tax code changes from time to time, and majority of taxpayers cannot name at least three of the most common deductible expenditures. On that ...
The Concepts of Economics: Scarcity
To fully grasp the essence of what economics is, we must first understand the concept of scarcity along with the branches of study under economics ...
Student Loans: Repayment in Times of Financial Difficulty
One day, you are in the middle of a financial hardship. Unfortunately, you still have student loans to pay. What will you do? In times like these, ...
An Introduction to Forex Currencies
As the biggest market in the world, the foreign exchange market or forex is also one of the most participated in the world. As such, learning about ...
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