|
Today's Index
Yesterday's Index
228.3
Help us compile the AmosWEB Free Lunch Index. Tell us about your last lunch.
More About the Index
|
|
|
|
Funniest letter of the alphabet?
|
|
|
|
DEPOSIT: A bank account maintained by a bank on behalf of a customer. In a fractional-reserve banking system, one of the primary functions of a bank is to keep customer deposits safe. Banks offer a wide range of deposits, including checkable (or transactions) deposits, savings deposits, certificates of deposit, and money market accounts. Such deposits represent a sizable portion of the M1 money supply and as well as broader monetary aggregates -- M2 and M3. They also constitute the bulk of the liabilities of a typically bank.
Visit the GLOSS*arama
|
|
|
|
                          
MONOPOLY: A market structure characterized by a single seller of a unique product with no close substitutes. This is one of four basic market structures. The other three are perfect competition, oligopoly, and monopolistic competition. As the single seller of a unique good with no close substitutes, a monopoly firm essentially has no competition. The demand for a monopoly firm's output is THE market demand. This gives the firm extensive market control--the ability to control the price and/or quantity of the good sold--making a monopoly firm a price maker. However, while a monopoly can control the market price, it can not charge more than the maximum demand price that buyers are willing to pay. See also | market structure | perfect competition | oligopoly | monopolistic competition | market control | price maker | marginal cost | demand curve | market failure | monopoly characteristics | monopoly and demand | monopoly and efficiency | monopoly profit | monopoly and perfect competition | monopsony | natural monopoly | inefficiency |
Recommended Citation:MONOPOLY, AmosWEB GLOSS*arama, http://www.AmosWEB.com, AmosWEB LLC, 2000-2015. [Accessed: March 4, 2015].
AmosWEB Encyclonomic WEB*pedia:Additional information on this term can be found at: WEB*pedia: monopoly
Search Again?
Back to the GLOSS*arama
|
|
|
STANDARD OF DEFERRED PAYMENT The money function in which money is used as a standard benchmark for specifying future payments for current purchases, that is, buying now and paying later. This function may seem obscure, but it is a direct result of the store of value and unit of account functions. This is one of four basic functions of money. The other three are medium of exchange, unit of account, and store of value.
Complete Entry | Visit the WEB*pedia |
|
|
|
State of the ECONOMY
Sales of New Single-Family Homes
September 2014
467,000 (seasonal adjusted annual rate)
Up 0.2% from August 2014 Source: Econ Stats Adm.
More Stats
|
|
PINK FADFLY
[What's This?]
Today, you are likely to spend a great deal of time at the confiscated property police auction trying to buy either storage boxes for your family photos or a large, stuffed giraffe. Be on the lookout for strangers with large satchels of used undergarments.
Your Complete Scope
This isn't me! What am I?
|
|
|
Before 1933, the U.S. dime was legal as payment only in transactions of $10 or less.
|
|
|
"I think luck is the sense to recognize an opportunity and the ability to take advantage of it . The man who can smile at his breaks and grabs his chance gets on." -- Samuel Goldwyn, Film executive
|
|
BVAR
Bayesian VAR (Vector Autoregression)
|
|
|
Tell us what you think about AmosWEB. Like what you see? Have suggestions for improvements? Let us know. Click the User Feedback link.
User Feedback
|
|
