Minimum Wage Explained
The minimum wage is the lowest hourly, daily, or monthly remuneration that employers are legally required to pay their workers. It's a crucial tool in wage and income policy.
Microeconomics
Microeconomics studies how individual economic agents like households and firms make decisions regarding the allocation of scarce resources. It analyzes markets, prices, and consumer behavior.
Merger
A merger is the combination of two or more companies into a single new entity. Typically, the companies involved are roughly equal in size, and the new entity is formed…
Median
The median is the middle value in a dataset when ordered from least to greatest. It's less affected by extreme values than the mean, making it a robust measure of…
Margin
Margin refers to the difference between revenue and expenses. In trading, it's the collateral deposited to cover potential losses on a leveraged trade. Understanding margin is crucial for financial management…
Manufacturing Output: A Comprehensive Overview
Manufacturing output measures the total volume of goods produced by a sector. It's a key indicator of economic health, reflecting industrial activity, productivity, and demand for manufactured products.
Managed Fund
A managed fund pools investor money to be professionally managed by a fund manager. It offers diversification across various assets like stocks, bonds, and property, aiming for specific investment objectives.
Macroeconomics
Macroeconomics is the branch of economics that studies the behavior of aggregates, such as national income, unemployment, and inflation. It analyzes the economy as a whole.
London Stock Exchange
The London Stock Exchange (LSE) is a global financial market where shares of publicly listed companies are traded. It plays a vital role in the UK and international economy, facilitating…
Loan-to-Value Ratio (LTV)
The loan-to-value (LTV) ratio compares a loan amount to the appraised value of an asset, typically real estate. Lenders use it to assess risk. A higher LTV means higher risk…