Glossary Terms

07

Dec'17

Aid

  The term aid is used from the angle of international finance. Here, a developed country or international financial institution …

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07

Dec'17

Annual General Meeting (AGM)

  AGM is the yearly meeting of all shareholders of a company. Some important decisions are made at the AGM.

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07

Dec'17

Aggregate supply shock

  Aggregate supply shock indicates the shortfall in the availability of goods and services in an economy compared to demand.

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07

Dec'17

Aggregate supply

  Aggregate supply is a macroeconomic term that indicates the total availability of goods and services in an economy.

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07

Dec'17

Circular flow of Income

  The circular flow indicates flow of national income in an economy among various agents – households, business people and …

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07

Dec'17

Aggregate Demand

  Aggregate demand is a macroeconomic term (term related to the entire economy) that denotes total demand for goods and …

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07

Dec'17

Time Value of Money

  The concept of time value of money indicates that a Rs 100 note today is worth more than the …

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07

Dec'17

Non-price competition

  This is competitive practices adopted by a firm using strategies/instruments like advertising, product differentiation, sales campaign etc.

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07

Dec'17

Monopoly

  Monopoly is a market form where there is only one producer. The term monopoly control implies that the single …

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07

Dec'17

Takeover

  Takeover is a corporate activity where one company takes controlling stake or shares in another company. In the case …

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