ACCOUNT AGGREGATION
It is a process in which different accounts are linked in order to combine fees and to make the access to these accounts more convenient for the users. An example of account aggregation is a householding wherein all brokerage, checking, and savings accounts of a specific household are linked to each other. In this account, online summaries and statements display all the accounts within the account aggregated household.
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Tit for Tat
Game theory mechanism subject to a payoff matrix similar to a prisoner’s dilemma. Anchored on the concepts of retaliation and altruism, this ...
Nonsegregated Disclosures
Information that must be presented legally anywhere in a lease agreement. These are required by the Federal Reserve Board Regulation M. The lease a ...
Product Line
A series of related products which are all made or manufactured by the same company.
Behavioral Economics
The scientific study on how the mind thinks and how each person reacts as it relates to the process of decision making in economics of individuals ...
Infant-Industry Theory
A theory stating the emerging domestic industries must be protected against foreign competition until they become established and mature. In econom ...
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