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

๐Ÿ“š Comprehensive Content: Our lexicon covers a wide range of economic terms and concepts, thoroughly explained to help users understand even the most complex topics.

๐Ÿ”— Authoritative References: Each entry includes references to authoritative books, official publications, and government sites, ensuring the information is reliable and accurate.

๐Ÿง  Knowledge Test Quizzes: Enhance your understanding with quizzes designed for each dictionary entry. Test your knowledge and track your progress seamlessly.

๐ŸŒ Global Relevance: While our focus is on providing detailed economic definitions, the referenced materials ensure global relevance and context.

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Stay updated with the latest additions to our lexicon and expand your economic knowledge. Whether youโ€™re preparing for exams, writing research papers, or pursuing professional development, EconomicsTermsLexicon.com is your go-to resource for all things economics.


Revenue Tariff
A tariff mainly imposed as a source of government revenue instead of assisting domestic producers.
Reverse Takeover
A comprehensive study of the concept of reverse takeover, where a smaller or private company acquires a larger or public company.
Reverse Yield Gap
Understanding the reverse yield gap, where government bond returns exceed those on equities during certain economic conditions.
Revolving Loan
Understanding the concept and mechanisms of revolving loans in economics.
Ridge Regression
A method in regression analysis used to address multicollinearity issues by introducing a bias to the estimator, thereby reducing variance.
Right-Hand-Side Variable
Explanation of the term 'right-hand-side variable,' a term used in statistical regression analysis.
Risk
A form of uncertainty where, while the actual outcome of an action is not known, probabilities can be assigned to each of the possible outcomes.
Risk Aversion
The preference for a certain pay-off rather than a risky pay-off with the same expected value in economic decision-making.
Risk Avoidance
Definition and Meaning of Risk Avoidance in Economics
Risk Bearing
The concept of being exposed to the consequences of uncertain future events in economic decision-making.
Risk Capital
Capital invested in new and untried projects with a significant chance of loss, typically associated with venture capital investment.