AS-ADThe model and/or diagram that determines the level aggregate economic activity through the interaction of aggregate supply and aggregate demand.
Net foreign asset positionNet foreign asset position
The value of the assets that a country owns abroad, minus the value of the domestic assets owned by foreigners. Equals balance of indebtedness.
Cash and carryCash and carry
An arbitrage transaction applied on a futures market where the cash or spot price of for example, a commodity is less than the futures contract price.Under these circumstances a purchase of the cash commodity with borrowed money and the simultaneous sale of the futures contract can provide a profit.
Chasing the marketChasing the market
Purchasing a security at a higher price than expected because prices are rapidly climbing, or selling a security at a lower level when prices are quickly falling.
Flow through basisFlow through basis
An account for an investment credit to show all income statement benefits of the credit in the year of acquisition, rather than spreading them over the life of the asset.
Save as you earnSave as you earn
A former government scheme which allowed tax concessions to people making regular savings from their salaries into certain building society, bank and National Savings accounts. Maximum savings per month were £20 and tax free bonuses paid after five and seven years. SAYE was abolished after the November 1994 Budget.
Further SuggestionsFactor bias
Unbiased expectations hypothesis
Beef hormone case
Money purchase plan
Student Loan Marketing Association (SLMA)
Capital asset pricing model (CAPM)
Bargain purchase price option
Elasticity of substitution