Off board trading is a type of trading that involves trading stocks which are not traded at the major exchanges. It can also be said about the stocks which are traded at the major stock exchanges, but the deal is still done over the counter. This type of trading can involve only the stocks, appeared on the exchange in 1979.
Wage-price spiral is something that we can see in several economies across the globe. It is theory that is used to explain the relations between the high prices and high salaries. Increasing of the salaries leads to the higher purchasing power and higher demand and results in the high prices. High prices lead to demand for the higher salaries and so on… the pressure creates a spiral that is described by this term.
Magnet employer is an employer with a well-known name, good salaries, benefits and so on. Employers like that drive a lot of job-seekers towards themselves as a result of all of the perks that they offer, making them look better when compared to their opponents in the job market.
Icarus factor are the combined actions of the management of the company. Those are the ambitious and fast paced actions that usually lead to horrific financial losses. Excitement from the possible profits blinds the management and they can no longer see the hazards they are taking.
To haggle is a process that involves two parties of the transaction trying to negotiate the best price possible. The buying side is trying to lower the price as much as possible and the selling side is trying to leave the price as high as possible. the process of haggling can go on until the price is negotiated and accepted by both of the sides.
Xenocurrency is a term that is used to describe a currency that circulates on the markets outside of its domestic zone. But with xeno- having negative connotation in our minds the term foreign currency is used more often.
Yo-yo is a slang term that is often used in order to describe an extremely volatile market conditions. The name comes from the children’s toy yo-yo that is constantly going up and down, just like the securities in this type of market. A yo-yo market has no featured of the up or down market as the securities in it has high and low swings which make it the most difficult to hold onto the assets in it.
BerkShares is a type of currency which is only accepted in western Massachusetts. It was initially introduced in order to attract the people to support and buy local. Shares come in 1, 5,10, 20 and 50 bills and can be exchanged to the US dollar in one the 16 existing exchange points.
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