Federal Trade Commission (FTC)
An in-depth look at the Federal Trade Commission (FTC), its role, and significance in maintaining competition policy and protecting consumers.
Fiat Money - Definition and Meaning
Fiat money: A form of currency that holds value primarily because a government decrees it to be legal tender, without intrinsic or commodity value.
Field Experiment
An experiment conducted in a ‘real world’ setting rather than a laboratory, where subjects make decisions in their natural environment.
Final Goods
Goods for use by final users, including consumers, investors, the government, and exporters, as distinct from intermediate products.
Final Salary Scheme
A detailed entry on the final salary scheme, a type of defined benefit pension plan.
Finance Act
The UK legislation by which Parliament approves or amends the Chancellor of the Exchequer’s budget proposals.
Financial Assets
Money and claims separate from physical assets, encompassing money, securities, shares, derivatives, and more.
Financial Conduct Authority (FCA)
An independent regulator of the financial industry in the UK tasked with maintaining market integrity, ensuring consumer fairness, and enhancing competitiveness.
Financial Crisis
The collapse, or potential collapse, of a financial institution threatening the stability of the financial system.
Financial Deregulation
The process involving the removal or relaxation of regulations in the financial industry.
Financial Economics
The field of economics that analyses the individual allocation of resources between consumption and financial assets, and the equilibrium consequences of individual choices.