Final Salary Pension Scheme Explained
A final salary pension scheme, also known as a defined benefit pension, guarantees a retirement income based on your salary and years of service. It offers predictable income for life.
Externalities
Externalities occur when the production or consumption of a good or service impacts a third party not directly involved. These can be positive, benefiting others, or negative, imposing costs.
European Central Bank (ECB)
The European Central Bank (ECB) is the central bank for the euro, responsible for monetary policy in the Eurozone. It aims to maintain price stability and supports the economic policies…
European Bank for Reconstruction and Development (EBRD)
The European Bank for Reconstruction and Development (EBRD) is an international financial institution established to aid in the transition of former communist countries to market economies. It invests in projects…
Ethical Investment: Investing with Values
Ethical investment, also known as socially responsible investing (SRI), integrates environmental, social, and governance (ESG) factors into investment decisions. It aligns financial goals with personal values for a positive impact.
Equity Derivatives Explained
Equity derivatives are financial contracts whose value is derived from underlying stocks or stock indexes. They offer flexible hedging, speculation, and arbitrage opportunities in financial markets.
Equity
Equity refers to fairness and justice, particularly in the distribution of resources and opportunities. It acknowledges that different individuals and groups may need different support to achieve equal outcomes.
Enterprise Value (EV)
Enterprise Value (EV) is a comprehensive measure of a company's total worth, encompassing market capitalization, debt, minority interests, and preferred shares, minus cash and cash equivalents.
Endowment Policy Explained
An endowment policy is a life insurance contract that pays out a sum of money upon the earlier of a pre-determined date or the death of the insured. It combines…
Elasticity: Understanding Economic Responsiveness
Elasticity measures the responsiveness of one economic variable to a change in another. It's crucial for understanding how demand and supply react to price, income, and other factors, guiding business…