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QUARTER: The common term for a coin representing 25 cents or one-fourth of a dollar. Also a standard 3-month period, one-forth of a year, used for reporting economic and financial data. Gross Domestic Product and related measures are noted economic data released quarterly. Many businesses also provide quarterly financial reports. Another standard reporting period is annual.
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AUCTION A formal market exchange in which prospective buyers make bids to purchase a commodity. An auction is an effective way of exchanging commodities by bringing together buyers and sellers. Auctions are commonly used to exchange financial instruments, agricultural commodities, personal assets, and works of art. Three notable types of auctions are English, Dutch, and sealed-bid.
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RED AGGRESSERINE
[What's This?]
Today, you are likely to spend a great deal of time searching the newspaper want ads looking to buy either a T-shirt commemorating the 2000 Olympics or a genuine fake plastic Tiffany lamp. Be on the lookout for crowded shopping malls.
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This isn't me! What am I?
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A lump of pure gold the size of a matchbox can be flattened into a sheet the size of a tennis court!
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"He who has begun has half done. Dare to be wise ‚ begin! " -- Horace, poet, satirist
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MPI
Marginal Propensity to Invest
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