Economics: Principles & Practices
Definition: Condition in which the average number of births and deaths balance so that population size is unchanged
Economics: Principles & Practices
Definition: Bond which pays no interest and is instead issued at a discount to its repayment value
Federal Reserve Bank of San Francisco
Definition: A long-term commercial mortgage that defers all payments of principal and interest until maturity.
Economics: Principles & Practices
Definition: Belief that the gains to one party (player or country) can only be achieved at the expense of the other party (player or country)
Economics: Principles & Practices
Definition: Set of local laws or regulations that determine how real property can be used in specific geographic areas