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համատեղ ձեռնարկություն

A business where the provision of risk capital is shared between two or more firms.

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One of the factors of production, along with land, labor and capital. The creative juices of capitalism; the animal spirits of the entrepreneur.

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When many investors contribute to a single investment fund, which is invested in different types of securities by a money manager.

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A system in which economic agents are free to own property and engage in commercial transactions. See laissez faire, economic freedom, .

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A guide to the riskiness of a financial instrument provided by a ratings agency, such as Moody’s, Standard and Poor’s and Fitch IBCA. These measures of credit quality are mostly ...

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Although economists say that rationing is what the price mechanism does, what most people think of as rationing is an alternative to letting prices determine how scarce economic ...

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An exchange rate that has been adjusted to take account of any difference in the rate of inflation in the two countries whose currency is being exchanged.

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The interest rate less the rate of inflation.

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Broadly speaking, a period of slow or negative economic growth, usually accompanied by rising unemployment. Economists have two more precise definitions of a recession. The first, ...

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A payment of income by a company to its shareholders.

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