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ZERO BOND: Also termed a zero coupon bond, a bond that does not pay interest, in which the return is generated by the difference between the purchase price and the face value paid at maturity. Because they do not pay interest, zero bonds are sold at a discount. For example, a $10,000 zero bond that matures in one year, would generate a 10% return if it sold at a discount of $9,000.
Visit the GLOSS*arama
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BROWN PRAGMATOX
Your compete MICRO*scope for today
You are the type of person who could have been the inspiration for the phrase "salt of the earth". Family and friends take you shopping whenever they buy big, bulky items that require a lot of lifting. Today, you are likely to spend a great deal of time at a garage sale seeking to buy either a large, stuffed kitty cat or a cross-cut paper shredder. Be on the lookout for telephone calls from former employers. You should consider shopping at stores or businesses beginning with the letter I, but do not buy any products with a serial number or product code containing the number 338543. Your preferred shopping venue is thrift stores. Your special symbol is the comma (,).
Is this You?
As a Brown Pragmatox, you are down-to-earth and practical. You are hard working and industrious. You are frugal to the point that you might even refrain from making a purchase that you really, really need. Doing so often causes problems down the road. You definitely go with function over form and substance over style.
This isn't me! What am I?
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DISEQUILIBRIUM PRICE A price that does not achieve equilibrium in the market. A disequilibrium price is either above or below the equilibrium price. A price below the equilibrium price creates a shortage and a price above the equilibrium price creates a surplus. In both case, the market imbalance prompts the price to change, moving toward the equilibrium price.
Complete Entry | Visit the WEB*pedia |
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Shopping Around For RETAIL PRICESIt's time for another one of our frequent stops at Mr. Market Super Food Discount Store, this time to check out the story behind retail prices. As consumers, we spend a large fraction of our nonworking, nonsleeping lives wandering grocery stores aisles, searching clothing store racks, and surveying department store displays for the right product at the right price. How do we know, like the name of the long-running game show, if "The Price is Right?" How are retail prices set and do they really tell us the value of a product?
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Visit the PEDestrian's Guide
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In his older years, Andrew Carnegie seldom carried money because he was offended by its sight and touch.
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"Success is the ability to go from one failure to another with no loss of enthusiasm." -- Sir Winston Churchill
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AFRA
Average Freight Rate Assessment
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User Feedback
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