Course glossary
Here are some worlds which should be familiar for you till the end of the course, try to cover them when you will have free time.
Special | A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z | ALL
Q |
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QuotaThis is a limit set by a government on how much of a product can be imported and exported. | |
R |
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Rate of returnThis is represented as a percentage and is the annual income an investment makes back. | |
Real interest rateThe rate of interest minus the current rate of inflation. | |
Real valuesReal values show how relative particular prices are to prices in general. They are adjusted according to inflation. | |
RecessionA period of severe economic decline. Defined by a contraction of GDP for six months or longer. | |
Return on investmentThe earning power of an asset or activity measured as a ratio of the net income of the activity to the operational cost. Return on investment (ROI) lets a company know whether an activity is profitable enough to continue. | |
Revenue.Amounts of money received by (or owed to) a company for goods or services provided. | |
S |
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Share indexTracks the value of shares on the exchange to demonstrate their performance. | |
Share optionsA right to buy shares in a company in the future, at a favourable price, in addition to a regular salary if the person meets specific performance targets or predetermined criteria. | |