An overview of non-marketable debt, its characteristics, and economic implications.
Debt for equity is a financial process where excessive debt obligations are exchanged for equity.
A method of valuation based on the assumption that asset prices follow binomial distributions, particularly useful for valuing options.
A fundamental equation in financial economics for valuing options, derived from a model of continuous trading and used to remove arbitrage opportunities.
The limit to expenditure for an economic agent based on the ability to finance it.
The field of economics that analyses the individual allocation of resources between consumption and financial assets, and the equilibrium consequences of individual choices.
A firm whose main function is to borrow money from one set of people and lend it to another, reducing risk and transaction costs for both parties.
Refusal by banks to make loans or by insurance companies to issue policies to individuals or firms in particular geographical areas, often justified by banks based on past bad experiences but criticized for discrimination
An exploration of the concept of a risk-free asset, its significance in economic theory, and its practical implications.
A comprehensive definition and exploration of 'Share Option,' its significance, historical context, and comparative analysis across various schools of economic thought.
An elucidation on the process of determining the current worth of real and financial assets.
Inside money is an asset for the holder and a liability for another party within the economy, redistributing wealth rather than increasing it.
