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YTM: The common abbreviation for yield to maturity, which is the annual rate of return on a financial asset that is held until maturity. Yield to maturity depends on both the coupon rate and the face or par value paid at maturity. If the selling price of a financial asset is equal to its par value, then the yield to maturity is equal to the current yield and the coupon rate. However, if the asset is selling at a discount, then the yield to maturity exceeds the current yield, which is greater than the coupon rate. And if the asset is selling at a premium, then the yield to maturity is less than the current yield, which is below than the coupon rate.
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                           MARKET SOCIALISM: A type of economy, or economic system, based on--(1) government, rather than individual, ownership of many resources, especially those like heavy manufacturing, energy reserves, widely used raw materials (lumber, steel), and transportation systems, that are deemed critical to the operation of the economy; (2) answering three questions of allocation with a combination of central planning by government and decentralized decision-making by individual factories and the owners of non-critical resources; (3) the limited use of markets to exchange farm products and retail consumer goods; (4) economic and monetary incentives, such as bonuses, paid to the workers of government-owned facilities to encourage efficiency and increased productivity. Market socialism is a form of socialism that attempts to blend voluntary market exchanges with government oversight and control. It was developed during the late 1960s and early 1970s, primarily by socialist economies in Europe, in an attempt to address the inefficiencies of socialism.Market socialism was designed to augment the government control of a command economy with the efficiency of market exchanges. Market socialism sought to paint the "big picture" of the economy with a moderate degree of central planning, avoid the inefficiency problems of monopoly and market control with government ownership of key industries, and encourage efficient exchanges and resource allocation using markets and decentralized decision-making. Market socialism resides in the middle of the spectrum of economic systems, bounded by a pure market economy on one end and a pure command economy on the other. It is, perhaps more so than other economic systems, a prime example of a mixed economy. Allocation decisions are undertaken by both governments and markets.
Recommended Citation:MARKET SOCIALISM, AmosWEB Encyclonomic WEB*pedia, http://www.AmosWEB.com, AmosWEB LLC, 2000-2023. [Accessed: February 9, 2023].
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Today, you are likely to spend a great deal of time lost in your local discount super center wanting to buy either a coffee table shaped like the state of Florida or storage boxes for your summer clothes. Be on the lookout for attractive cable television service repair people.
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Sixty percent of big-firm executives said the cover letter is as important or more important than the resume itself when you're looking for a new job
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"Do you want to be safe and good, or do you want to take a chance and be great?" -- Jimmy Johnson, Football Coach
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GARCH
Generalized Autoregressive Conditional Heteroskedasticity
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