Financial Terms | |
Zero-sum game |
Information about financial, finance, business, accounting, payroll, inventory, investment, money, inventory control, stock trading, financial advisor, tax advisor, credit.
Main Page: business, inventory control, tax advisor, credit, payroll, finance, financial advisor, money, |
Definition of Zero-sum gameZero-sum gameA type of game wherein one player can gain only at the expense of another player.
Related Terms:Consumer creditCredit granted by a firm to consumers for the purchase of goods or services. Also called Consumer Price Index (CPI)The CPI, as it is called, measures the prices of consumer goods and services and is a Economic assumptionsEconomic environment in which the firm expects to reside over the life of the Fair gameAn investment prospect that has a zero risk premium. Homogenous expectations assumptionAn assumption of Markowitz portfolio construction that investors Sum-of-the-years'-digits depreciationMethod of accelerated depreciation. Zero coupon bondSuch a debt security pays an investor no interest. It is sold at a discount to its face price Zero prepaymentassumption The assumption of payment of scheduled principal and interest with no payments. Zero uptickRelated: tick-test rules. Zero-balance account (ZBA)A checking account in which zero balance is maintained by transfers of funds Zero-beta portfolioA portfolio constructed to represent the risk-free asset, that is, having a beta of zero. Zero-coupon bondA bond in which no periodic coupon is paid over the life of the contract. Instead, both the Zero-investment portfolioA portfolio of zero net value established by buying and shorting component Zero-one integer programmingAn analytical method that can be used to determine the solution to a capital SUM-OF-THE-YEARS’ DIGITSAn accelerated depreciation method that makes the sum of the digits in an asset’s expected Zero-based budgetingA method of budgeting that ignores historical budgetary allocations and identifies the costs that are necessary to implement agreed strategies. Zero-coupon BondA security that makes no interest payments; it is sold at a discount reinvestment assumptionan assumption made about the rates of return that will be earned by intermediate cash flows from a capital project; NPV and PI assume reinvestment at the discount rate; IRR assumes reinvestment at the IRR zero-base budgetinga comprehensive budgeting process Zero curve, zero-coupon yield curveA yield curve for zero-coupon bonds; Zero-coupon bond, or ZeroA bond that, instead of carrying a coupon, is sold zero-balance accountRegional bank account to which just enough funds are transferred daily to pay each day’s bills. Average Propensity to ConsumeRatio of consumption to disposable income. See also marginal propensity to consume. Capital Consumption AllowanceSee depreciation. Consumer Price Index (CPI)An index calculated by tracking the cost of a typical bundle of consumer goods and services over time. It is commonly used to measure inflation. Consumption FunctionThe relationship between consumption demand and disposable income. More generally, it refers to the relationship between consumption demand and all factors that affect this demand. Marginal Propensity to ConsumeFraction of an increase in disposable income that is spent on consumption. Zero-Coupon BondSee discount bond. Consumer Credit Protection ActA federal Act specifying the proportion of Financial Numbers GameThe use of creative accounting practices to alter a financial statement Summarized bill of materialsA bill of materials format showing the grand total
Related to : financial, finance, business, accounting, payroll, inventory, investment, money, inventory control, stock trading, financial advisor, tax advisor, credit. |