Adjustment mechanismThe theoretical process by which a market changes in disequilibrium moving toward equilibrium if the process is stable. See Walrasian and Marshallian adjustment.
Cumulative Translation Adjustment (CTA) accountCumulative Translation Adjustment (CTA) account
An entry in a translated balance sheet in which gains and/or losses from translation have been accumulated over a period of years. The C.T.A. account is required under the FASB No. 52 rule.
Adjustment bondAdjustment bond
A bond issued in exchange for outstanding bonds when a corporation facing bankruptcy is recapitalized.
Structural adjustment programStructural adjustment program
The list of budgetary and policy changes required by the IMF and World Bank in order for a developing country to qualify for a loan. This "conditionality" typically includes reducing barriers to trade and capital flows, tax increases, and cuts in government spending.
Structural adjustmentStructural adjustment
The reallocation of resources (labor and capital) among sectors of the economy in response to changing economic circumstances, including trading conditions, or changes in policy.
Trade adjustment assistanceTrade adjustment assistance
A program of adjustment assistance for workers and firms in industries that have suffered from competition with imports. In the U.S., TAA began with the Trade Act of 1974, and has been renewed and expanded since then, including as part of the NAFTA.
Further SuggestionsBalance of payments adjustment mechanism
Border tax adjustment
higher rate adjustment
International adjustment process