JOHN R. HICKS
A British economist and one of the notable economists of the 20th century. Hicks received the 1972 Nobel Memorial Prize in Economics along with American economist Kenneth Arrow for developing the general equilibrium theory and welfare theory. During his career, he also conducted research on monetary policy, international trade, and development economics. He wrote the book Value and Capital in 1939 which focused on value theory and general equilibrium theory. He was also noted for contributing to the IS/LM model which identifies the connection between interest rates and real output, which was utilize to make subsequent models of aggregate demand and supply.
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Blotter
Record of transactions made within a time period. Details include time, price, volume, and order (buy or sell). Normally created through a trading ...
Estimated Current Return
Approximate return for a unit investment trust over the short-term, which is calculated by getting the valuated annual interest income from the sec ...
Lock-Up Agreement
A legally binding contract which prohibits the underwriters and company insiders from selling any shares of stock during the transition period for ...
Transfer Payment
1. In the United States, payment given by the government to individuals through several benefit programs.
2. In Canada, payment made by t ...
ZBA
A Zero Balance Account or ZBA is a checking account with a maintaining balance of zero. Its sole purpose is to receive funds from a master account. ...
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