COMMON POOL RESOURCE - CPR
Resource benefiting a group of individuals, but diminishes benefits to evert should each of them pursue his own self-interest. The CPR’s value can be reduced by overuse since the resource supply is limited, hence scarcity. This can result to tragedy of the commons problem.
POPULAR TERMS
Capital Accumulation
This talks about the earnings that a firm uses to raise its capital base. Capital accumulation includes gaining additional assets that can be used ...
Defined-Contribution Plan
A retirement plan where the percentage of money is set aside each year by the company for the benefit of their employees. There are restrictions as ...
Unscheduled Recast
Unscheduled Recast is a recomputation of remaining loan amortization schedule that is not scheduled. Some loans have contractual terms that when tr ...
Recompense
The act of giving a target person or entity some form of monetary benefit as a result of performing some action or some action happening to the tar ...
Tortoise Rally
Slow and steady appreciation of market prices through time. This is more beneficial to long-term retail investors since they enjoy steady gains fro ...
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 03:30 | NAB Business Confidence | Apr | |
| 05:00 | Expected Annual Inflation 2y from now | 2 quarter | |
| 09:00 | SECO Consumer Confidence | Apr | |
| 14:30 | Building Permits | Mar | |
| 18:45 | SNB Chairman Thomas Jordan Speaks | ||
| 00:45 | Visitor Arrivals | Mar | |
| 01:50 | Domestic Corporate Goods Price Index | Apr | |
| 08:00 | Claimant Count Change | Apr | |
| 08:00 | Average Earnings Index | Mar |
