Random Walk Theory
Random walk theory models a path consisting of a succession of random…
Quantity Theory of Money
The quantity theory of money posits a direct relationship between the money…
Quantitative Easing (QE)
Quantitative easing is a monetary policy where a central bank injects liquidity…
Purchasing Power Parity (PPP)
Purchasing Power Parity (PPP) theory suggests exchange rates should equalize prices for…
Purchasing Managers’ Index (PMI)
The Purchasing Managers' Index (PMI) is a key economic indicator reflecting business…
Public Company
A public company is a corporation whose ownership is dispersed among the…
Understanding Profits: The Engine of Business Success
Profits represent the financial gain after all expenses are deducted from revenue.…
Profit Participating Deferred Shares
Profit Participating Deferred Shares offer a unique way to defer compensation while…
Profit and Loss Account
The profit and loss account, also known as an income statement, summarizes…
Primary Discount Rate
The primary discount rate is the interest rate at which commercial banks…
