Examlex
Capital assets acquired through special assessment debt guaranteed by the government are reported in the government-wide statements.
American Industry
Refers to the manufacturing, production, and services sectors within the United States that are significant contributors to its economy.
Cutthroat Competition
A market situation characterized by aggressive price cutting and marketing strategies among competitors aimed at gaining a larger market share.
Prime Rate
The interest rate that commercial banks charge their most creditworthy customers, usually large corporations.
Covert Collusion
Covert Collusion occurs when businesses secretly cooperate to fix prices, limit supply or engage in other anticompetitive practices without public or regulatory knowledge.
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