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.

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đź“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.

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

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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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Serial Correlation
Comprehensive entry on Serial Correlation, its meanings, context, and analytical frameworks in economics.
Service Flows
The concept of service flows elaborating on how services rendered by consumer durables are treated in the national income accounts.
Service Industry
The parts of the economy providing services to individuals and businesses, encompassing sectors such as healthcare, entertainment, and professional services.
Service Life
The duration of time during which a product or an asset remains functional and can be used.
Set-aside
Removal of land from agricultural production, including policies and implications.
Settlement
The act of completing the trade required in a contract to pay for or deliver goods, securities, or currency.
Settlement Risk
The risk that other parties may fail to fulfill their side of bargains causing potential losses.
Shadow Bank
An exploration of shadow banks—financial intermediaries that operate outside traditional banking regulations to provide credit-facilitating services.
Shadow Economy
An exploration of the Shadow Economy, an unregulated portion of the economy usually involving income and operations outside official oversight.