CAR Definition

CAR is Certificate of Automobile Receivables; an asset backed security supported by automobile loan contracts.

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INDIFFERENCE CURVE, in microeconomics, an indifference curve is a graph showing combinations of two goods to which an economic agent (such as a consumer or firm) is indifferent, that is, it has no preference for one combination over the other.

INCREMENTAL COST is the increase or decrease in costs as a result of one more or one less unit of output.

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