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FINANCIAL WEALTH: Assets, or wealth, that is based on ownership of financial assets, such as stocks, bonds, money, and government securities. Also termed paper wealth. Financial wealth represents ownership of physical or real wealth.

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AVERAGE FACTOR COST, PERFECT COMPETITION

Total factor cost per unit of factor input employed by a perfectly competitive firm in the production of output, found by dividing total factor cost by the quantity of factor input. Average factor cost, abbreviated AFC, is generally equal to the factor price. However, using the longer term average factor cost makes it easier to see the connection to related terms, including total factor cost and marginal factor cost.

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GRAY SKITTERY
[What's This?]

Today, you are likely to spend a great deal of time at a flea market looking to buy either a flower arrangement in a coffee cup for your father or a how-to book on meeting people. Be on the lookout for infected paper cuts.
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This isn't me! What am I?

A scripophilist is one who collects rare stock and bond certificates, usually from extinct companies.
"When your values are clear to you, making decisions becomes easier. "

-- Roy Disney, executive

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