Endowment Policy Explained
An endowment policy is a life insurance contract that pays out a…
Elasticity: Understanding Economic Responsiveness
Elasticity measures the responsiveness of one economic variable to a change in…
Economic Growth: Driving Prosperity and Development
Economic growth refers to the increase in the production of goods and…
Dividend
A dividend is a distribution of a portion of a company's earnings…
Diminishing Returns: Understanding Economic Principles
The law of diminishing returns states that adding more of one input,…
Demutualisation Explained
Demutualisation is the process where a mutual organisation, like an insurance company…
Demand-Pull Inflation Explained
Demand-pull inflation occurs when aggregate demand outpaces aggregate supply, leading to a…
Defined Benefit Pension
A defined benefit pension plan guarantees a specific retirement income based on…
Current Account
A current account is a type of bank account that allows for…
Credit Default Swaps (CDS)
Credit Default Swaps (CDS) are financial derivatives that allow investors to 'swap'…
