Economics Terms Lexicon - Authoritative Dictionary and Knowledge Tests

About Economics Terms Lexicon

Welcome to EconomicsTermsLexicon.com! Our site offers a comprehensive and authoritative dictionary of economic terms, providing detailed definitions and explanations. Each dictionary entry references books, official publications, and government websites to ensure accuracy and reliability.

Features

📚 Comprehensive Content: Our lexicon covers a wide range of economic terms and concepts, thoroughly explained to help users understand even the most complex topics.

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🌍 Global Relevance: While our focus is on providing detailed economic definitions, the referenced materials ensure global relevance and context.

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Definitions
Payments Union
International Economics Foreign Exchange Monetary Policy
An arrangement by two or more countries to pool their foreign exchange reserves, aiming to facilitate trade while reducing the total reserves held individually.
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Definitions
Payroll
Economics Labor Economics Payroll Compensation
A list of those employed by a given firm, or the amount paid to them.
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Definitions
Payroll Tax
Payroll Tax Labor Economics Taxation
An overview of payroll tax, its implications, and economic perspectives.
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Definitions
Peace Dividend
Peace Dividend Defense Expenditure Economic Reallocation International Relations
Resources made available for other purposes due to reductions in defense expenditure as a result of international peace.
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Definitions
Peak
Peak Business Cycle Economic Phases
The highest point in the business cycle signaling the transition from expansion to contraction.
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Definitions
Peak-Load Pricing
Pricing Strategy Demand Management Capacity Planning
A pricing strategy where higher prices are charged during peak-demand periods to reflect the increased costs of providing capacity.
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Definitions
Pecuniary Externality
Externalities Economics Market Efficiency Labor Economics
An externality that is felt through prices rather than quantities, accompanying phenomena like immigration affecting labor markets.
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Definitions
Pendulum Arbitration
Arbitration Negotiation Conflict Resolution Labor Relations Trade Unions
An approach to arbitration where the arbitrator selects either one of the proposals without modification, designed to discourage unreasonable demands from both parties.
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Definitions
Pension
Pension Retirement Income State Pensions Occupational Pensions Personal Pensions
A comprehension of pensions as a form of regular income for retirees, provided by the state, former employers, or personal pension funds.
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Definitions
Pension Crisis
Economics Pension Crisis Demography Social Security
An analytical examination of a forecast deficit in pension systems primarily in developed countries due to demographic and social changes.
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Definitions
Pension Fund
Pension Fund Retirement Planning Investment Economic Theory
An overview of pension funds, their function, governance, and influence in various economic frameworks
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Definitions
Pension Rights
Economics Personal Wealth Pension
Definition and meaning of pension rights in economics
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Economics Terms Lexicon

Ultimate Dictionary of Economics and Beyond.