Examlex
Externalities get their name from the fact that they are:
Capital Requirement
The minimum amount of financial resources that a firm needs to conduct its business activities, often regulated in industries like banking.
Investment Banks
Financial institutions that assist individuals, corporations, and governments in raising capital by underwriting and/or acting as the client's agent in securities issuance.
Tax Deductibility
Refers to the ability to subtract an expense from one's taxable income, thereby reducing the overall tax liability.
Equity Loans
These are loans where the borrowed amount is secured by the borrower's equity in their property, typically a home.
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