Examlex
Interest is the borrower's payment to the owner of an asset, for its use.
Pigouvian Tax
A tax imposed on activities that generate negative externalities, aiming to correct an inefficient market outcome by increasing the cost to include the external costs.
CFCs
Chlorofluorocarbons; chemical compounds used in aerosol sprays and refrigerants that have been found to deplete the ozone layer.
Adverse Selection
A situation in which one party in a transaction has more information than the other, often leading to the selection of poorer-quality goods or higher-risk individuals.
Seller Ratings
Evaluations or scores given to sellers on e-commerce platforms, based on the quality of their products, shipping speed, and customer service.
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