Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

Category: Finance Dictionary

ABSTRACT

A written statement about a complex work that contains only the basic gist. It is usually written by another author. Other terms that might help are abridgment, digest, outline, pr

ABOVE FULL-EMPLOYMENT EQUILIBRIUM

This occurs when the economy produces goods at a higher rate than normal. The level of normalcy is decided by the gross domestic product or the GDP. This causes the market to

ABSTRUSE

Something that is harder to understand for those with only basic knowledge on the topic.

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