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cost of intermediation

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  • ECONOMIC AFFAIRS — THE PRE MANDATE (LATE OTTOMAN) PERIOD Geography and Borders In September 1923 a new political entity was formally recognized by the international community. Palestine, or Ereẓ Israel as Jews have continued to refer to it for 2,000 years,… …   Encyclopedia of Judaism

  • bank — bank1 /bangk/, n. 1. a long pile or heap; mass: a bank of earth; a bank of clouds. 2. a slope or acclivity. 3. Physical Geog. the slope immediately bordering a stream course along which the water normally runs. 4. a broad elevation of the sea… …   Universalium

  • Monetary economics — Economics …   Wikipedia

  • Simplified sewerage — is a low cost sewer system that collects all household wastewater (WC wastes and sullage) in small diameter pipes laid at fairly flat gradients. Simplified sewers are laid in the front yard or under the pavement (sidewalk) or if feasible inside… …   Wikipedia

  • Warren G. Harding: The Return to Normalcy — ▪ Primary Source       The Republican Party in 1920 turned its back on a number of strong contenders and as his friend Harry Daugherty had predicted as early as February picked the relatively unknown Warren Gamaliel Harding of Ohio as its… …   Universalium

  • Surplus value — is a concept created by Karl Marx in his critique of political economy, where its ultimate source is unpaid surplus labor performed by the worker for the capitalist, serving as a basis for capital accumulation.The German equivalent word Mehrwert… …   Wikipedia

  • Predicted effects of the FairTax — The Fair Tax Act (USBill|110|HR|25/USBill|110|S|1025) is a bill in the United States Congress for changing tax laws to replace the Internal Revenue Service (IRS) and all federal income taxes (including Alternative Minimum Tax), payroll taxes… …   Wikipedia

  • Arbitrage — For the upcoming film, see Arbitrage (film). Not to be confused with Arbitration. In economics and finance, arbitrage (IPA: /ˈɑrbɨtrɑːʒ/) is the practice of taking advantage of a price difference between two or more markets: striking a… …   Wikipedia

  • Economy of South Korea — The economy of South Korea is the third largest in Asia and the 13th largest in the world by GDP (PPP) as of 2007. In the aftermath of the Korean War, South Korea grew from a poor developing country to a wealthy developed country. From the mid to …   Wikipedia

  • Grid computing — is a term referring to the combination of computer resources from multiple administrative domains to reach a common goal. The grid can be thought of as a distributed system with non interactive workloads that involve a large number of files. What …   Wikipedia

  • Utpal Bhattacharya — is a finance professor at the Indiana University Kelley School of Business. He is known for his research on market integrity, especially on insider trading.In 2000, his research paper When an Event is Not an Event uncovered the rampant insider… …   Wikipedia

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