PB - Economics and Finance

Economics and Finance

  • Payback period, in capital budgeting refers to the period of time required for the return on an investment to "repay" the sum of the original investment
  • Performance bond, a surety bond issued by an insurance company or a bank to guarantee satisfactory completion of a project by a contractor
  • Premium Bond, a lottery bond issued by the United Kingdom government's National Savings and Investments scheme
  • Price-to-book ratio, a financial ratio used to compare a company's book value to its current market price

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Famous quotes containing the words economics and, economics and/or finance:

    The animals that depend on instinct have an inherent knowledge of the laws of economics and of how to apply them; Man, with his powers of reason, has reduced economics to the level of a farce which is at once funnier and more tragic than Tobacco Road.
    James Thurber (1894–1961)

    The animals that depend on instinct have an inherent knowledge of the laws of economics and of how to apply them; Man, with his powers of reason, has reduced economics to the level of a farce which is at once funnier and more tragic than Tobacco Road.
    James Thurber (1894–1961)

    There is an enormous chasm between the relatively rich and powerful people who make decisions in government, business, and finance and our poorer neighbors who must depend on these decisions to alleviate the problems caused by their lack of power and influence.
    Jimmy Carter (James Earl Carter, Jr.)