PRICE CEILING Definition

Bookmark and Share

PRICE CEILING is a government-imposed limit on how high a price can be charged on a product.

Learn new Accounting Terms

ECONOMETRICS literally means economic measurement. It is the branch of economics that applies statistical methods to the empirical study of economic theories and relationships. It is a combination of mathematical economics, statistics, economic statistics and economic theory.

POINTS are additional fee paid to a lender. Points are generally stated as a percent of the total amount borrowed and are in essence prepaid interest. Points paid can be deducted over the life of the loan.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.