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Yield advantage |
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Yield advantageThe advantage gained by purchasing convertible securities instead of common stock, which equals the difference between the rates of return of the convertible security and the common shares.Yield advantage Similar MatchesComparative advantageComparative advantageThe ability to produce a good at lower cost, relative to other goods, compared to another country. In a Ricardian model, comparison is of unit labor requirements; more generally it is of relative autarky prices. With perfect competition and undistorted markets, countries tend to export goods in which they have comparative advantage. See also absolute advantage. Due to Ricardo (1815). Kaleidoscope comparative advantageKaleidoscope comparative advantageA variant of fragmentation due to Bhagwati and Dehejia (1994). Net advantage to mergingNet advantage to mergingThe difference in total post- and pre-merger market value minus the cost of the merger. First mover advantageFirst mover advantageThe advantage that a firm or country may derive from being the first to enter a market, or from being the first to use a new technology, advertising technique, etc. AdvantageAdvantageUsually refers to a cost advantage, though it could refer to a strategic advantage (such as first mover advantage) or to a superiority of technology or quality. Further SuggestionsDynamic comparative advantageCost advantage Production Cost Advantage Locational advantage Absolute advantage Comparative advantage Net advantage to leasing Revealed comparative advantage Location specific advantages Distribution Cost Advantage Chain of comparative advantage Net advantage of refunding Absolute advantage Competitive advantage Law of Comparative Advantage |
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