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ZERO BOND: Also termed a zero coupon bond, a bond that does not pay interest, in which the return is generated by the difference between the purchase price and the face value paid at maturity. Because they do not pay interest, zero bonds are sold at a discount. For example, a $10,000 zero bond that matures in one year, would generate a 10% return if it sold at a discount of $9,000.
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BROWN PRAGMATOX
Your compete MICRO*scope for today
You are the type of person who is hardworking and industrious, who knows your job and what needs to be done. Family and friends have no understanding of your inner self, but neither do you. Today, you are likely to spend a great deal of time at a flea market hoping to buy either a genuine fake plastic Tiffany lamp or a microwave over that won't burn your popcorn. Be on the lookout for the happiest person in the room. You should consider shopping at stores or businesses beginning with the letter V, but do not buy any products with a serial number or product code containing the number 205902. Your preferred shopping venue is thrift stores. Your special symbol is the comma (,).
Is this You?
As a Brown Pragmatox, you are down-to-earth and practical. You are hard working and industrious. You are frugal to the point that you might even refrain from making a purchase that you really, really need. Doing so often causes problems down the road. You definitely go with function over form and substance over style.
This isn't me! What am I?
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UTILITY MEASUREMENT A quantification of the satisfaction of wants and needs achieved through the consumption of goods and services. In principle, utility measurement can take one of two forms: (1) cardinal, which is based on numerical values (1, 2, 3, etc.) and (2) ordinal which is based on rankings (first, second, third, etc.). While the hypothetical instructional analysis of utility relies on cardinal utility, ordinal utility is a more realistic way to measure satisfaction.
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A Translation Of FOREIGN INVESTMENTTHIS MEANS WAR!! Batten down the hatches. Circle the wagons! Sound the alarm! Head for the fallout shelter! Those seemingly quaint and courteous folk from the Republic of Northwest Queoldiola have upset the delicate balance of world peace. Perhaps I should explain. A group of investors from Northwest Queoldiola have been snooping around Shady Valley with the evil intentions of buying Shady Valley's very own Sonny Sullivan Sundials Extraordinaire manufacturing plant. How dare they! This is the good old U. S. of A. We don't want any foreigners buying up good old U. S. of A. property, do we? Before nuking Northwest Queoldiola we should consider this potentially messy topic of foreign investment.
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The word "fiscal" is derived from a Latin word meaning "moneybag."
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"Doing the best at this moment puts you in the best place for the next moment. " -- Oprah Winfrey, entrepreneur
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JRE
Journal of Regulatory Economics
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