Inflation
Inflation
a persistent, substantial rise in the general level of prices related to an increase in the volume of money and resulting in the loss of value of currency
Investment
a plan to put money to work today to obtain a greater amount of money in the future.
Gross Domestic Product (GDP)
Stock
stocks are a type of financial instrument that represents a share of ownership in a company. Stocks are sold in units called shares, and investors who buy them become partial owners of the company.
Import
to bring (goods or services) into a country from abroad for sale.
Deflation
a fall in the general price level or a contraction of credit and available money
Salary
a fixed regular payment, typically paid on a monthly or biweekly basis but often expressed as an annual sum, made by an employer to an employee, especially a professional or white-collar worker.
Gross National Product (GNP)
Tax
a compulsory contribution to state revenue, levied by the government on workers' income and business profits, or added to the cost of some goods, services, and transactions.
Export
to send (goods or services) to another country for sale.
Hyperinflation
inflation that exceeds 50% per month
Budget
an estimate of income and expenditure for a set period of time.
Price Purchase Parity (PPP)
is an economic theory that compares the price levels of goods and services between countries to determine if their currencies are in equilibrium.
Bond
a bond is a type of security under which the issuer owes the holder a debt, and is obliged – depending on the terms – to provide cash flow to the creditor.
Tariff
a tax that a country imposes on imported goods or services
Stagflation
a situation in which the inflation rate is high or increasing, the economic growth rate slows, and unemployment remains steadily high
Loan
a thing that is borrowed, especially a sum of money that is expected to be paid back with interest.
Consumer Price Index (CPI)
is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services.
Capital Gain
a profit from the sale of property or an investment (like a stock).
Levy
the imposition or collection of an assessment
Tuition
a sum of money charged for teaching or instruction by a school, college, or university.
Dividend
a sum of money paid regularly (typically quarterly) by a company to its shareholders out of its profits (or reserves).