Dated Securities Those

Dated Securities Those

Dated Securities, those with a stated date (or range of dates) for the cash repayment (redemption) of the nominal or face value of the security.

Days of Grace, (a) the additional days allowed for paying a bill of exchange; in England three. The effect is of an interest-free loan; (b) the additional time allowed for paying an insurance premium, usually fourteen days.

Deadweight Debt. See Debt; National Debt.

Dealer, a trader who buys and sells goods, services or financial claims. One who operates in organized commodity or other exchanges. His description varies with the product: in commodities he is a 'merchant' or 'wholesaler'; in stocks and shares a 'stock-jobber' or 'jobber'; in bills of exchange the operator of a 'discount house'.

Debasement (of Coinage), depreciation or reduction in value of a standard coinage. The cause may be Government issue of coins below the prescribed weight (a practice common in medieval times), or interference after issue, e.g. 'clipping' (cutting away small por-tions), 'sweating' (by the use of chemicals) or abrasion (shaking coins together in a bag and removing small particles).

Examples School Of Economics - Economics School

Since then his writings have in turn been increasingly reinterpreted as a special case both by some followers and by some economists who had not wholly accepted his writings. The content of economics is in a state of change, and this site is therefore not a final statement of economic doctrine.

Economics is in the last resort a technique of thinking. The reader will therefore need to make an intellectual effort, more substantial for some web entries than for others, to get the most interest and value out of this website.