Constant dollars


 

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Constant dollars

Dollars of constant purchasing power. That is, corrected for inflation. More precisely includes reference to a base year for comparison, e.g. "in constant 1992 dollars." Same as constant prices.

Constant dollars

Dollars of a base year used as a general measure of purchasing power.



Constant dollars

Similar Matches

Constant yield method

Constant yield method

Allocation of annual interest on a zero-coupon security for income tax use.


Constant growth model

Constant growth model

Also called the Gordon-Shapiro model, an application of the dividend discount model that assumes (1) a fixed growth rate for future dividends, and (2) a single discount rate.


Constant returns to scale

Constant returns to scale

A property of a production function such that scaling all inputs by any positive constant also scales output by the same constant. Such a function is also called homogeneous of degree one or linearly homogeneous. CRTS is a critical assumption of the H-O Model of international trade. Contrasts with increasing returns and decreasing returns.


Constant dollar plan

Constant dollar plan

Method of purchasing securities by investing a fixed amount of money at set intervals. The investor buys more shares when the price is low and fewer shares when the price is high, thus reducing the overall cost.


Constant ratio plan

Constant ratio plan

Maintaining a predetermined ratio between stock and fixed income investments through regular adjustments of distribution of funds into different investments. See: formula investing.


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