Tooltip Categories: Economics & Finance

implicit agreement

Agreement implied or understood though not directly expressed. (source: http://www.thefreedictionary.com/implicit)

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impulse purchase

Unplanned decision to buy a product or service, made just before a purchase triggered by seeing the product or upon exposure to a well crafted

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in the red

In the debt. From the practise of using red ink to denote debt or losses on financial balance sheets. Likewise, in the black for businesses

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household income

Total income from all people living in a particular household. Income refers not only to the salaries and benefits received but also to receipts from

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housing-savings account

Financial product that works as a regular savings account, but its only aim is to save money to buy a house or make a down

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Human Development Index [HDI]

The Human Development Index (HDI) is a summary measure of average achievement in key dimensions of human development: a long and healthy life, being knowledgeable

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humanitarian assistance

Humanitarian assistance’ is aid and action designed to save lives, alleviate suffering and maintain and protect human dignity during and in the aftermath of emergencies.

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hybrid instrument

A single financial security that combines two or more different financial instruments. Hybrid securities, often referred to as “hybrids,” generally combine both debt and equity

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IBEX

The benchmark stock market index of the Bolsa de Madrid, Spain’s principal stock exchange. Initiated in 1992, the index is administered and calculated by Sociedad

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