翻译

A sudden economic contraction, also known as a recession.

Another term to describe the way that economies tend to expand and contract over time.

When companies in an industrial sector gather in a specific area, such as technology companies in Silicon Valley.

Investor who expects the price of an asset or assets in general to rise.

The annual process through which a government sets out its spending plans and tax measures.

The concept that asset prices can rise far higher than can be justified by their fundamentals, such as the expected cashflows that will derive from them.

Location in New Hampshire of a conference in 1944 which decided the post-war economic order.

A theory which assumes that, while individuals try to act rationally, there is a limit to the amount of information they may have, or can absorb.

A state of rapid economic expansion, as opposed to bust.

Another term for asset value.

IOUs issued by a borrower which normally promise repayment of the money on a set date (the maturity) with regular interest payments during the life of the bond.