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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Yaoundé Convention
An international agreement enabling former French colonies to associate with the European Community.
Year
Definition and meaning of 'year' in economic contexts, such as budget year, financial year, and fiscal year.
Yield Curve
Understanding the graph representing yields on fixed-interest securities across various maturities.
Yield Spread
The difference between the yields on two bonds, which may vary by maturity, issuer risk characteristics, principal amount, or coupon payments.
Yule–Walker equations
Difference equations relating the autocorrelation coefficients of an autoregressive process to the coefficients on the lags.
Zaibatsu
A family-controlled vertically integrated cartel of industrial and financial business that existed in Japan before World War II.
Zero Coupon Bond
A bond that does not make any periodic coupon payments, sold at a discount from its face value and pays the face value at maturity.
Zero Growth
The state of an economy characterized by no further expansion in economic activity.
Zero-Base Budgeting
A budgeting approach that requires rebuilding the budget from a baseline of zero, focusing on organizational efficiency.
Zero-Rated
Definition and meaning of zero-rated goods and services in the VAT system