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Financial Terms | |
Fair game |
Information about financial, finance, business, accounting, payroll, inventory, investment, money, inventory control, stock trading, financial advisor, tax advisor, credit.
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Definition of Fair gameFair gameAn investment prospect that has a zero risk premium.
Related Terms:Fair-and-equitable testA set of requirements for a plan of reorganization to be approved by the bankruptcy court. Fair Labor Standards Act of 1938A federal Act creating standards of overtime Fair market priceAmount at which an asset would change hands between two parties, both having Fair market valueThe price that an asset or service will fetch on the open market. Fair Market ValueThe highest price available, expressed in terms of cash, in an open and unrestricted market between informed, prudent parties acting at arm's length and under no compulsion to transact. Fair priceThe equilibrium price for futures contracts. Also called the theoretical futures price, which equals Fair price provisionSee:appraisal rights. ![]() Fair ValueThe amount at which an asset could be purchased or sold or a liability incurred or Financial Numbers GameThe use of creative accounting practices to alter a financial statement Laissez-FaireA policy of minimum government intervention in the operation of the economy. Zero-sum gameA type of game wherein one player can gain only at the expense of another player. Related to : financial, finance, business, accounting, payroll, inventory, investment, money, inventory control, stock trading, financial advisor, tax advisor, credit. |