General Keywords Flashcards
Define Capital Spending
CapEx are funds used by a company to acquire, upgrade, and maintain physical assets such as property, buildings, technology and more
Define Investment
An investment is an asset or item acquired with the goal of generating income or appreciation
Define GDP
Gross domestic product (GDP) is the standard measure of the value added created through the production of goods and services in a country during a certain period
Define Inflation
Inflation is the general sustained rate of increase in prices over a given period of time
Define in Real Term
If an economic indicator is described in “real terms”, that means it takes inflation into account.
Define Austerity Budget
A budget in which a government announces that they will spend less money or do things that will make people spend less money, for example, increase taxes
Define Government Debt
It is when countries borrow funds to pay for more public services and project over a period of time