Substitution swapA swap in which a money manager exchanges one bond for another bond that is similar in terms of coupon, maturity, and credit quality, but that offers a higher yield.
Constant elasticity of substitution functionConstant elasticity of substitution function
See CES function
Asset substitutionAsset substitution
Occurs when a firm invests in assets that are riskier than those that the debtholders expected.
Same day substitutionSame day substitution
Offsetting changes in a margin account during the day that result in no overall change in the balance of the account.
Import substitution development strategyImport substitution development strategy
A development strategy followed by many Latin American countries and other LDCs that emphasize import substitution-accomplished through protectionism-as the route to economic growth.
Import substitutionImport substitution
A strategy for economic development that replaces imports with domestic production. It may be motivated by the infant industry argument, or simply by the desire to mimic the industrial structure of advanced countries. Contrasts with export promotion.
Further SuggestionsMarginal rate of substitution
Elasticity of substitution