AVERAGE PROPENSITY TO CONSUME
It refers to the income’s percentage that is used on buying goods and availing services instead of savings. The average propensity to consume can be calculated by dividing what is spent by the household or the average consumption by the average income earned. The inverse of APC is the APS or the average propensity to save.
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Troubled Asset
Assets that are overpaid by banks including loans made to borrowers who can no longer fulfill their debt obligations. Often guaranteed by collatera ...
Assignable Contract
A futures contract that has a provision which allows the contract holder to bear his/her rights of assignment into a third party. This permits the ...
Warm Card
Warm Card is a type of ATM card through which an individual can have restricted access to a business account. Usually, this card only allows deposi ...
Shanghai Stock Exchange
The Shanghai Stock Exchange is the stock exchange of mainland China. It is by far, the largest stock exchange managed by the China Securities Regul ...
Clearing Fee
Fee a clearing house charges for its services. Often associated with futures trading, it include both brokerage fee and clearing fee.
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