MARGINAL PROPENSITY TO CONSUME - MPC
Component of Keynesian theory; proportion of the total raise in pay which is spent on goods and services, instead of being saved. To get MPC, divide the change in the consumption by the incremental change in disposable income that caused the consumption change.
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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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| 00:00 | FOMC Member Patrick T. Harker Speaks | ||
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