Indirect Security
What is Indirect Security? Indirect security refers to a type of security that a borrower provides against a loan, and is not directly related to the assets pledged as collateral. Usually, when a lender extends credit facilities to a borrower, they require the borrower to pledge certain assets as security for the loan. The type...
Monetarist
What is a Monetarist? The term monetarist is used to refer to an economist who values the theory that the overall money supply plays a primary role in affecting the demand in an economy. Furthermore, a monetarist believes that the regulation of the money supply can impact the performance of an economy. The foundation of...
Middleman
Who is a Middleman? A middleman plays the role of an intermediary in a distribution or transaction chain who facilitates interaction between the involved parties. Middlemen specialize in performing crucial activities involved in the purchase and sale of goods in their flow from producers to the ultimate buyers. They typically do not produce anything but...
Negative Growth
What is Negative Growth? Negative growth implies a decline in value over a stated period. It is commonly observed in economic, industry, and business analysis. Typically, negative growth is expressed as a percentage over a period of time. Negative Growth in an Economic Context A country’s economy can experience negative growth when its gross domestic...
Money Purchase Pension Plan
What is a Money Purchase Pension Plan? A money purchase pension plan is a kind of retirement plan where employers are needed to make yearly contributions to the accounts of their employees. It provides guaranteed income after retirement. The employees can either withdraw the lump sum amount upon retirement or purchase an annuity with the total...
