Tender Issue
Understanding tender issue in economics, its meaning and context within Treasury bills bidding and issuance.
Tennessee Valley Authority (TVA)
The Tennessee Valley Authority (TVA) is a US public corporation established in 1933 as part of the New Deal, focusing on power supply, flood control, natural resource development, tourism, and training.
Term Asset-Backed Loan Facility
A funding facility introduced by the US Federal Reserve System in 2008 aimed at encouraging lending to households and small businesses through support of asset-backed securities issuance.
Term Loan
A loan due to be repaid on a definite date, particularly in US usage
Term Premium
The additional return on a long-term bond over the rate expected by the unbiased expectations hypothesis, often attributed to liquidity preference.
Term Structure of Interest Rates
The relation between the rate of interest paid by a financial security and the time until maturity of the security.
Terms of Trade
The ratio of an index of a country’s export prices to an index of its import prices.
Test Discount Rate
The real rate of return used in cost–benefit analysis by the UK government.
Thatcherism
Economic principles underlying the policies of the Thatcher government in the UK from 1979 to 1990
Thin Market
A market with few buyers and sellers, characterized by high volatility, low transaction volume, and low liquidity.
Third Way
A socioeconomic viewpoint reconciling capitalism with central planning
Third World
Definition and Meaning of Third World
Third-Degree Price Discrimination
The concept and nuances of third-degree price discrimination in economics
Third-Party Insurance
An in-depth look at third-party insurance, its significance, and its variations across different regions.
Thrift
Examination of the concept of thrift in economics, its historical context, frameworks, and related definitions.
Thrifts
Non-banking financial institutions in the United States primarily associated with collecting savings and financing mortgages.
Tick
The minimum movement of the price of a security in a financial market.
Tiebout hypothesis
An economic hypothesis asserting that economic efficiency is achieved in an economy with local public goods through consumer choice of location.
Tied Aid
An exploration of tied aid as a form of economic assistance, its implications, and contrasts with untied aid.
Tied Loans
Definition and meaning of tied loans in the context of foreign loans to less developed countries.
Tier 1 Capital
Tier 1 Capital - Definition, Meaning, and Context in Financial Regulation
Tier 2 Capital
Definition and meaning of Tier 2 Capital within the banking and regulatory framework.
Tight Fiscal Policy
A fiscal policy approach that aims to restrict effective demand through high taxes or low public spending.
Tight Monetary Policy
An extensive analysis of tight monetary policy, its historical roots, frameworks, and implications.
Time Deposit
A term used in banking referring to a deposit where withdrawal requires notice or incurs an interest penalty.
Time Discounting
Understanding the concept of time discounting and its economic implications
Time Horizon
The most remote future period taken into account in making economic decisions.
Time Lags in Economics
The delay between an economic action and its resultant event or impact.
Time Preference
The preference for immediate consumption over future consumption in economic decision-making.
Time-Inconsistency
A dictionary entry exploring the economic concept of time-inconsistency, which occurs when a policy-maker acts counter to previous commitments due to changing incentives.
Time-Series Data
A comprehensive overview of time-series data, including its definition, historical context, analytical frameworks, and related terms.
Times Covered
An in-depth exploration of the term 'times covered' in the context of corporate finance.
Tit for Tat Strategy
An exploration of the Tit for Tat strategy in repeated games, particularly the Prisoner's Dilemma.
Tobin Tax
A proposed excise duty on cross-border currency transactions aimed at reducing exchange rate fluctuations and generating substantial revenue for social causes.
Tobin’s q
The ratio of the valuation shareholders place on a firm to the market value of its assets.
Tobit Model
A regression model used to estimate unknown parameters from a censored sample.
Todaro Model
An exploration of the Todaro Model in development economics and its implications for rural-urban migration.
Token Money
An examination of token money, its importance in modern economies, and the evolution of money from physical to digital forms.
Tokyo Round
Overview of the Tokyo Round of international trade talks held under GATT between 1973 and 1979.
Tolerance Interval
Definition and exploration of the term 'tolerance interval' in the field of economics and statistics
Total Cost
An overview of the economics term 'Total Cost' including definitions, analytical frameworks, and related concepts
Total Domestic Expenditure
An essential term in macroeconomics that aggregates consumer expenditure, government final consumption, and gross domestic capital formation without deductions for imports or capital consumption.
Total Factor Productivity
Understanding Total Factor Productivity (TFP) and its implications in economics.
Total Final Expenditure
Comprehensive overview of the term 'Total Final Expenditure' in economics, its definition, historical context, conceptual background, and more.
Total Revenue
Explanation of the concept of Total Revenue in economics
Township and Village Enterprise
An examination of Township and Village Enterprises (TVEs) in China, their evolution, and impact on rural industrialization.
Toxic Asset
An overview of toxic assets, their characteristics, and their impact on financial markets.
Toxic Debt
Understanding toxic debt, its implications, and frameworks for analysis
Tradable Emission Permit
A comprehensive overview of tradable emission permits and their role in pollution control.
tradables
Goods and services of types which can be traded internationally.
Trade
Understanding the exchange of goods and its foundational role in economic activity.
Trade Association
A voluntary body representing the firms engaged in a particular type of business.
Trade Barriers
An entry detailing the meaning, implications, and various forms of trade barriers in international economics.
Trade Bill
An entry detailing the trade bill, often synonymous with a bill of exchange, from various economic perspectives and contexts.
Trade Creation
The effect of a customs union in creating or increasing trade between member countries, resulting in economic welfare improvements.
Trade Credit
Explanation and analysis of trade credit within economic frameworks
Trade Cycle
A comprehensive entry on the Trade Cycle, detailing its definition, historical context, and theoretical frameworks.
Trade Deficit
Understanding the concept of trade deficit, its implications, and its role in economics.
Trade Diversion
The economics term 'trade diversion,' highlighting its meaning, historical context, and analytical frameworks.
Trade Gap
A thorough exploration of the economic term 'trade gap' (also known as trade deficit), its background, historical implications, and relevance within various economic theories.
Trade Liberalization
The process of reducing or removing restrictions on international trade to promote economic efficiency.
trade not aid
A slogan advocating trade liberalization over direct aid for the advancement of less developed countries (LDCs).
Trade Policy
An in-depth exploration of trade policy, its definitions, variations, and impacts.
Trade Sanctions
A restriction or prohibition by one country of trade contacts with another country due to disapproval of its actions or policies.
Trade Talks
Discussions on the arrangements for international trade conducted bilaterally, regionally, or globally.
Trade Union
An exploration of trade unions, their roles, functions, and significance in labor markets.
Trade War
The definition and meaning of a trade war, an economic conflict wherein countries attempt to harm each other’s trade using tariffs, quotas, and other restrictive tools.
Trade-off
Exploring the concept of trade-offs in economics, wherein achieving more of one good or objective necessitates giving up some of another.
Trade-Related Intellectual Property Rights
Understanding TRIPS, an international agreement established in 1995 to protect intellectual property rights globally.
Trade-Related Investment Measures (TRIMS)
An agreement reached in the Uruguay Round to attempt to control national policies such as investment subsidies which have significant effects on international trade.
Trade-Weighted Index Number
An index number weighted according to the shares of various countries in a nation’s trade, used to compute the country's effective exchange rate.
Trademark
A symbol, logo, or name used to enable the public to identify the supplier of goods
Trades Union Congress
Definition and meaning of the Trades Union Congress (TUC) in the UK
Trading Currency
A currency used to invoice international trade transactions.
Tragedy of the Commons
The over-utilization of a common access resource due to individual users maximizing personal profit without accounting for the social impact of their actions.
Training
The process of improving workforce skills through formal instructional courses or on-the-job training.
Tranche
A tranche is a specific class of bonds within an offering, separated according to their degree of risk.
Trans-Pacific Partnership
A comprehensive free-trade agreement aimed at deepening economic ties between 12 Pacific Rim countries.
Transaction Cost Economics
An approach to the economic explanation of institutions examining the relative merits of conducting transactions within and between firms.
Transaction Costs
An Exploration of the Costs Incurred in Economic Exchanges
Transaction Motive
The desire to hold money in order to finance transactions.
Transatlantic Trade and Investment Partnership
Transatlantic Trade and Investment Partnership, a proposed trade and investment agreement between the European Union and the United States focusing on market access and regulatory cooperation.
Transfer Earnings
An entry on the concept of transfer earnings in economics, exploring various facets including historical context, major analytical frameworks, and case studies.
Transfer Payments
Understanding transfer payments and their role in economics
Transfer Pricing
The practice of setting prices for goods and services exchanged between the divisions or entities of the same multinational organization.
Transfers in Kind
An exploration of transfers in kind, their definitions, historical context, and analytical frameworks.
Transformation
Understanding the term transformation in economics, including marginal rate of transformation and structural transformation.
Transformation Curve
An economic concept illustrating the trade-offs between two goods or services that a production economy can achieve.
Transitional Economy
An economy undergoing fundamental changes in its economic organizations, such as moving from a centrally planned economy to a market-based economy.
Transitional Unemployment
Unemployment due to significant shifts in the economic structure, affecting less skilled workers during periods of major economic changes.
Transitive Relation
A transitive relation is a relationship between elements where if element A is related to element B and element B is related to element C, then element A is also related to element C.
Transitory Income
Understanding the concept of transitory income in economics
Transmission Mechanism
Examination of how changes in economic variables like income, prices, and interest rates are transmitted across different sectors, regions, and countries.
Transnational Corporation
Overview and analysis of transnational corporations in the global economic context
Transparent Policy Measures
Policy measures whose operation is open to public scrutiny.
Transplant in Economics
Definition and explanation of the term 'transplant' in economics, focusing on its application to domestic production of formerly imported goods.
Transport Costs
The expenses associated with moving goods from one location to another, influenced by factors such as the weight, size, fragility, and perishability of the goods.
Trap
An overview of the concept of 'trap' in economics, including liquidity traps and poverty traps
Treasury
Treasuries serve as the primary federal agency responsible for implementing the government's economic policies.
Treasury Bill
Treasury Bill - A short-dated government security issued at a discount on their redemption price, regarded as a highly liquid financial asset.