Examlex
Negative amortization occurs when the balance on your mortgage decreases over time.
Economic Efficiency
Economic efficiency occurs when a system is able to maximize output with given resources and technology, minimizing waste and inefficiencies.
Individual Transferable Quotas
Regulatory tools in environmental management, granting individuals or companies the right to catch a certain amount of fish or pollute up to a certain limit, which can be traded.
ITQs
Individual Transferable Quotas, a system used in fisheries management that allocates a certain quantity of fish that can be caught by each fisherman or company.
Efficient Use
Utilization of resources in a way that maximizes the output or benefits while minimizing waste, costs, or inefficiencies.
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