|
|
Variable cost |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
Variable costThe portion of a firm or industry's cost that changes with output, in contrast to fixed cost.Variable costA cost that is directly proportional to the volume of output produced. When production is zero, the variable cost is equal to zero.Variable cost Similar MatchesInvestment Company with Variable CapitalInvestment Company with Variable CapitalAn open-ended collective investment vehicle, similar to a unit trust. As with unit trusts, the money invested by savers is pooled, and then invested in the markets by professional fund managers appointed by the ICVC. The advantage to savers is that by putting their savings together with savings of other individuals, they get the benefits of diversification, and also of professional fund management. The difference between an ICVC and a unit trust is that an ICVC is a company rather than a trust. If you put savings into it, you have shares, not units. Also, an ICVC has just one price, whether you are buying or selling shares in it, with charges shown separately. Exogenous variableExogenous variableA variable that is taken as given by an economic model. It therefore is subject to direct manipulation by the modeler. In most models, policy variables such as tariffs and par values of pegged exchange rates are exogenous. Contrasts with endogenous variable. Normal random variableNormal random variableA random variable that has a normal probability distribution. Variable price securityVariable price securityA security that sells at a fluctuating market-determined price stocks and bonds are example. Variable rate CDsVariable rate CDsShort-term certificate of deposits that pay interest periodically on roll dates. On each roll date, the coupon on the CD is adjusted to reflect current market rates. Further Suggestionsvariable life insuranceVariable annuities Variable levy Independent variable Standard variable rate Variable rated demand bond (VRDB) variable interest rate Variable variable rate mortgage Variable rate mortgages Variable Ratio Write Discrete variable Exogenous variable Strategic variable Meff Renta Variable Variable costs variable rate certificate Variable interest rate Standard Variable Rate Variable rate demand note Variable Plan Random variable Variable rate Endogenous variable Variable interest rate |
|
|
|