PPP

Quick Facts The PPP is Purchasing Power Parity Purchasing power parity is used by macro-economic analysts to compare different countries' currencies through a...

Zero Balance Account (ZBA)

What is a 'Zero Balance Account - ZBA' A zero balance account (ZBA) is a checking account in which a balance of...

Half-Life

What is 'Half-Life' Half-life represents a date in the future when half of the total principal of a mortgage-backed security (MBS) will...

Tactical Asset Allocation (TAA)

What is 'Tactical Asset Allocation - TAA' Tactical asset allocation is an active management portfolio strategy that shifts the percentage of assets...

Creative Destruction In Economics

Creative destruction, sometimes called Schumpeter's gale, is an idea people studying economics theory say may lead to innovation in the business cycle. Karl Marx...

M0

What is 'M0' M0 is a measure of the money supply which combines any liquid or cash assets held within a central...

M1 – Money Supply

The money supply has different components and M1 is the measure of the component that includes the physical money held by public. It is...

Tag-Along Rights

What are 'Tag-Along Rights' Tag-along rights, also referred to as "co-sale rights," are contractual obligations used to protect a minority shareholder, usually...

M2

M2 is defined as a “measure of money supply that includes checking deposits (M1) cash as well as (what is colloquially referred to as) near money”. Near Money...

M3

What is 'M3' M3 is a measure of the money supply that includes M2 as well as large time deposits, institutional money...