Examlex
Under some balanced budget laws, ministers can have their salaries cut if they run a budget surplus.
Financial Risk
The possibility of losing money on an investment or business venture due to various factors including market fluctuations, interest rate changes, and credit risk.
Efficient Market Theory
A hypothesis stating that financial markets fully incorporate all available information into asset prices at all times.
Interest Rate
The annual percentage rate applied to the outstanding amount of a loan, representing the charge borrowers pay for interest.
Fundamental Value
The intrinsic worth of an asset, determined by its cash flows, dividends, and growth prospects, rather than current market conditions.
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