Examlex
What is meant by an economy's self-correcting mechanism? Explain the process through which self-correcting mechanism reduces inflationary gap.
Debit Card
A payment card that deducts money directly from a consumer's checking account to pay for a purchase.
Hedge Fund
A Hedge Fund is a private investment fund that uses complex strategies in both domestic and international markets with the goal of generating high returns.
Nondepository Financial Institution
Financial entities that do not accept traditional deposits like a bank, but may offer other financial services such as investment, insurance, and retirement plans.
Market Order
Order that instructs the investor’s broker to obtain the best possible price.
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