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FEDERAL SAVINGS AND LOAN INSURANCE CORPORATION: Abbreviated FSLIC, this was once the federal entity responsible for insuring the deposits at savings and loan associations (S&Ls). It performed the same function for S&Ls that the Federal Deposit Insurance Corporation (FDIC) performed for traditional banks. However, when a significant number S&Ls experienced problems in the 1980s and effectively bankrupting the FSLIC, the FDIC assumed the deposit insurance role for any remaining S&Ls, too.
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A POSTERIORI: A conclusion reached through logical reasoning based on facts and observations about the real world. This notion is closely related to the scientific verification of hypotheses and the identification of principles. A similar sounding, but opposite term is a prior, which is a unverified presumption made before an analysis is undertaken. For example, in the study of economics of crime you might assume, a priori, that people are basically "good", and conclude, a posteriori, that people are more likely to commit crimes when the threat of capture and conviction is lower. See also | principle | law | hypothesis | data | empirical | verification | theory | scientific method | a priori | world view | axiom | assumption |
Recommended Citation:A POSTERIORI, AmosWEB GLOSS*arama, http://www.AmosWEB.com, AmosWEB LLC, 2000-2026. [Accessed: October 10, 2026].
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RESOURCE PRICE, AGGREGATE SUPPLY DETERMINANT One of three categories of aggregate supply determinants assumed constant when the aggregate supply curve is constructed, and which shifts the aggregate supply curve when it changes. An increase in a resource price causes a decrease (leftward shift) of the short-run aggregate supply curve. A decrease in a resource price causes an increase (rightward shift) of the short-run aggregate supply curve. The other two categories of aggregate supply determinants are resource quantity and resource quality. Specific determinants falling into this general category include wages and energy prices. Anything affecting the prices paid for the use of labor, capital, land, and entrepreneurship is also included.
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The standard "debt" notation I.O.U. does not mean "I owe you," but actually stands for "I owe unto..."
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"Be civil to all; sociable to many; familiar with few; friend to one; enemy to none. " -- Benjamin Franklin, statesman
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NASD
National Association of Securities Dealers
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