Examlex
The prime rate of interest fluctuates with changing supply-and-demand relationships for short-term funds as well as the risk of the bank's business borrowers.
Financial Risk
Risk associated with a monetary outlay; includes the initial cost of the purchase, as well as the costs of using the item or service.
Joint Venture
A business undertaking by two or more parties, sharing resources, risks, and profits, but maintaining their distinct identities.
Market-Oriented
A business approach that focuses on identifying and meeting the needs and wants of customers through product innovation and adaptation.
Economic Development
Initiatives aimed at improving the economic well-being and quality of life for a community by creating jobs, stabilizing prices, and supporting infrastructure growth.
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