Examlex
The balanced scorecard approach to control emphasizes measurement of organizational performance in three equally important areas: finances,internal operations,and innovation and learning.
Federal Deficit
The financial shortfall when a government's expenditures exceed its revenues within a given fiscal year, leading to the need for borrowing and debt accumulation.
Economic Recovery
The phase following a period of economic downturn or recession, characterized by a gradual improvement in the health of an economy, marked by increases in employment, consumer spending, and overall economic growth.
Robert Rubin
An American economist and banking executive who served as the 70th United States Secretary of the Treasury during the Clinton administration.
Wall Street
A street in lower Manhattan that is home to the New York Stock Exchange and represents the heart of the financial district and the world of American financial markets.
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